Plan Ledger DOL Form 5500 · updated monthly

Motion Pt Management, Inc.401(k)

MOTION PT GROUP, INC. 401K PLAN · WALL, NJ · plan year 2022

Reported admin expense ratio · 2022
1.05%

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

Motion Pt Management, Inc. reported $102,011 in plan administrative expenses for 2022: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,584th of 2,419), and 6,058th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$9,007,520
Participants with balances837
Active participants406
Employer contributions$0
Employee contributions$1,116,364
Employer contribution per active participant$0
Average account balance$10,762
Benefits paid to participants$598,238
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$9.0M · 837 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$74,845
Investment management$27,166
Total administrative$102,011
The Motion Pt Management, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Motion Pt Management, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$102,011 · 1.05%
Similar plansHealth Care & Social Assistance · New Jersey
Cape Atlantic Ink Inc NJ$8.9M · 0.51%
The Arc of Monmouth, Inc. NJ$8.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474039330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.