Plan Ledger DOL Form 5500 · updated monthly

Orthopedic Associates of Long Island Physicians and Medical Group, Pll401(k)

PRECISIONCARE 401(K) PROFIT SHARING PLAN · E. SETAUKET, NY · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Orthopedic Associates of Long Island Physicians and Medical Group, Pll reported $50,903 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $14,218 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 0.68% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,249th of 5,648), and the 4,998th of 11,911 in health care & social assistance. In 2024, the employer put in $2.16 for every $1.00 employees contributed themselves; active participation has shrunk from 134 to 89 since 2022.

Plan summary
Net assets, end of year$12,603,802
Participants with balances247
Active participants89
Employer contributions$1,265,363
Employee contributions$586,713
Employer contribution per active participant$14,218
Average account balance$51,028
Benefits paid to participants$998,085
Plan auditDisclaimer of opinion
AuditorREID CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 247 accts · $1.3M emplr
2023$10.2M · 246 accts · $1.1M emplr
2022$7.1M · 211 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,673
Investment management$42,230
Total administrative$50,903
The Orthopedic Associates of Long Island Physicians and Medical Group, Pll 401(k) match · 2024
Employer contribution per active participant$14,218
Median for plans this size$2,416
2024$14,218 per active participant
2023$11,340 per active participant
2022$8,523 per active participant

Orthopedic Associates of Long Island Physicians and Medical Group, Pll's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
PCS RETIREMENT LLC · Claims processing · Contract administrator$8,673

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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Administrative cost history3
2024$50,903 · 0.45%
2023$42,733 · 0.49%
2022$44,982 · 0.68%
Similar plansHealth Care & Social Assistance · New York
Little Falls Hospital NY$12.7M · 0.01%
Hudson Valley Hospice NY$12.7M · 0.46%
Yeled Vyalda E.C.C., Inc. NY$12.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833095750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.