Plan Ledger DOL Form 5500 · updated monthly

Paramount Health Resources Inc401(k)

PARAMOUNT HEALTH RESOURCES INC 401(K) PROFIT SHARING PLAN & TRUST · MCMURRAY, PA · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Paramount Health Resources Inc reported $10,868 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.25%. 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 Pennsylvania (2,893rd of 3,651), and 7,977th of 11,911 in health care & social assistance. active participation has shrunk from 1,476 to 1,222 since 2022.

Plan summary
Net assets, end of year$4,888,038
Participants with balances245
Active participants1,222
Employer contributions$0
Employee contributions$537,136
Employer contribution per active participant$0
Average account balance$19,951
Benefits paid to participants$560,044
Plan auditDisclaimer of opinion
AuditorWILKE CPAS & ADVISORS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 285 accts
2023$4.9M · 245 accts
2022$4.1M · 287 accts
Administrative expenses, itemized · 2023
Investment management$10,868
Total administrative$10,868
The Paramount Health Resources Inc 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Paramount Health Resources Inc'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
PAYCHEX, INC. · Recordkeeping$11,131
LEVELIZED COMPENSATION ADVISOR · Investment advisory (plan)$10,808

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

Recordkeeper by year2
2024Paychex
2023Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,827 · 0.25%
2023$10,868 · 0.24%
2022$11,556 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Caring People Alliance PA$4.9M · 0.94%
One Senior Care, Inc. PA$4.9M · 0.95%
Evergreen Homes Inc. PA$4.9M · 0.01%
Centre Care, Inc. PA$4.8M · 0.98%
The Center for Autism PA$4.7M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201608540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.