Plan Ledger DOL Form 5500 · updated monthly

Medrisk, LLC401(k)

MEDRISK LLC 401(K) PLAN · KING OF PRUSSIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Medrisk, LLC reported $196,915 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $483 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 2 years on file its reported administrative ratio fell from 0.54% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 764th-largest of 3,651 plans among Pennsylvania employers on file, and the 292nd of 2,534 in administrative & support services. In 2024, employees put in $6.87 for every $1.00 the employer contributed; active participation has grown from 769 to 1,197 since 2022.

Plan summary
Net assets, end of year$51,751,860
Participants with balances1,064
Active participants1,197
Employer contributions$578,309
Employee contributions$3,975,463
Employer contribution per active participant$483
Average account balance$48,639
Benefits paid to participants$3,384,670
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.8M · 1,064 accts · $578K emplr
2023$27.7M · 743 accts · $468K emplr
2022$22.3M · 838 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,779
Investment management$57,136
Total administrative$196,915
The Medrisk, LLC 401(k) match · 2024
Employer contribution per active participant$483
Median for plans this size$2,416
2024$483 per active participant
2023$814 per active participant
2022$623 per active participant

Medrisk, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$139,779
VALLEY FORGE INVESTMENT · Investment advisory (plan)$57,135

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

Administrative cost history3
2024$196,915 · 0.50%
2023$130,202 · 0.52%
2022$124,026 · 0.54%
Same employer
Similar plansAdministrative & Support Services · Pennsylvania
System One Holdings, LLC PA$103.3M · 0.18%
Image First Holdings, LLC PA$66.9M · 0.74%
Aquatech International LLC PA$44.5M · 0.01%
H.L. Yoh Company LLC PA$43.9M · 0.17%
World Travel, Inc. PA$40.9M · 0.25%
Solomonedwardsgroup, LLC PA$39.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232788593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.