Plan Ledger DOL Form 5500 · updated monthly

Gem Rehab Pt Ot Slp PLLC401(k)

GEM REHAB 401K PLAN · NORTHVALE, NJ · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Gem Rehab Pt Ot Slp PLLC reported $2,550 in plan administrative expenses for 2023: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $60 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 1 year on file its reported administrative ratio rose from 0.07% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (2,156th of 2,419), and 10,115th of 11,911 in health care & social assistance. In 2023, employees put in $54.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,929,918
Participants with balances93
Active participants134
Employer contributions$7,981
Employee contributions$434,335
Employer contribution per active participant$60
Average account balance$20,752
Benefits paid to participants$488,175
Plan auditUnmodified (clean) audit opinion
AuditorFRSCPA
Plan history2
Yearassets · accounts · employer contribution
2023$1.9M · 93 accts · $8K emplr
2022$1.7M · 124 accts · $75K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,550
Total administrative$2,550
The Gem Rehab Pt Ot Slp PLLC 401(k) match · 2023
Employer contribution per active participant$60
Median for plans this size$1,308
2023$60 per active participant
2022$383 per active participant

Gem Rehab Pt Ot Slp PLLC's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Loan processing · Recordkeeping$2,549
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$2,550 · 0.14%
2022$1,159 · 0.07%
Similar plansHealth Care & Social Assistance · New Jersey
Nutrasourcerd LLC NJ$2.0M · 1.49%
Ranch Hope, Inc. NJ$1.7M · 1.27%
Smile Central Dental P.C. NJ$1.6M · 0.37%
Prevention Links NJ$1.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472255364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.