Plan Ledger DOL Form 5500 · updated monthly

Pain Management Centers of America, PSC401(k)

PAIN MANAGEMENT CENTERS OF AMERICA, PSC 401K P/S PLAN · EVANSVILLE, IN · plan year 2022

Reported admin expense ratio · 2022
0.35%

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

Pain Management Centers of America, PSC reported $7,666 in plan administrative expenses for 2022: 0.35% of average plan assets, below the peer median. Employer contributions averaged $2,341 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 Indiana (1,386th of 1,562), and 9,911th of 11,911 in health care & social assistance. In 2022, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,153,908
Participants with balances63
Active participants114
Employer contributions$266,854
Employee contributions$400,117
Employer contribution per active participant$2,341
Average account balance$34,189
Benefits paid to participants$362,350
Plan auditUnmodified (clean) audit opinion
AuditorATA CPAS + ADVISORS PLLC
Administrative expenses, itemized · 2022
Professional / advisory$7,666
Total administrative$7,666
The Pain Management Centers of America, PSC 401(k) match · 2022
Employer contribution per active participant$2,341
Median for plans this size$1,114

Pain Management Centers of America, PSC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,666 · 0.35%
Similar plansHealth Care & Social Assistance · Indiana
Synergy HR LLC IN$2.3M · 1.77%
Good Samaritan Home, Inc. IN$2.1M · 0.06%
Insights Consulting Inc. IN$2.0M · 1.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832058987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.