Plan Ledger DOL Form 5500 · updated monthly

Clinchoice Inc.401(k)

CLINCHOICE INC. 401(K) PROFIT SHARING PLAN · HORSHAM, PA · plan year 2024

Reported admin expense ratio · 2024
0.46%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Clinchoice Inc. reported $121,397 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $3,404 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.455%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,210th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,284th of 11,654 in professional & technical services. In 2024, employees put in $3.84 for every $1.00 the employer contributed; active participation has shrunk from 253 to 226 since 2022.

Plan summary
Net assets, end of year$29,006,992
Participants with balances312
Active participants226
Employer contributions$769,379
Employee contributions$2,951,123
Employer contribution per active participant$3,404
Average account balance$92,971
Benefits paid to participants$2,543,303
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER CUNNANE & ASSOCIATES, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$29.0M · 312 accts · $769K emplr
2023$24.3M · 321 accts · $756K emplr
2022$17.8M · 317 accts · $731K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,397
Total administrative$121,397
The Clinchoice Inc. 401(k) match · 2024
Employer contribution per active participant$3,404
Median for plans this size$2,416
2024$3,404 per active participant
2023$3,112 per active participant
2022$2,891 per active participant

Clinchoice Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$119,147

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$121,397 · 0.46%
2023$97,231 · 0.46%
2022$82,817 · 0.46%
Same employer
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Elemica, Inc. PA$28.6M · 0.32%
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Source: U.S. Department of Labor, Form 5500 series, EIN 471097028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.