Plan Ledger DOL Form 5500 · updated monthly

Partnermd, LLC401(k)

PARTNERMD EMPLOYEES RETIREMENT PLAN · RICHMOND, VA · plan year 2025

Reported admin expense ratio · 2025
0.38%

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

Partnermd, LLC reported $67,075 in plan administrative expenses for 2025: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,836 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 4 years on file its reported administrative ratio has held roughly steady near 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,072nd-largest of 2,266 plans among Virginia employers on file, and the 4,003rd of 11,911 in health care & social assistance. In 2025, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,850,287
Participants with balances144
Active participants152
Employer contributions$583,006
Employee contributions$1,203,017
Employer contribution per active participant$3,836
Average account balance$123,960
Benefits paid to participants$3,337,598
Plan auditUnmodified (clean) audit opinion
AuditorPB MARES LLP
Plan history4
Yearassets · accounts · employer contribution
2025$17.9M · 144 accts · $583K emplr
2024$17.3M · 141 accts · $531K emplr
2023$16.4M · 138 accts · $489K emplr
2022$13.4M · 122 accts · $461K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$30,246
Investment management$36,829
Total administrative$67,075
The Partnermd, LLC 401(k) match · 2025
Employer contribution per active participant$3,836
Median for plans this size$2,666
2025$3,836 per active participant
2024$3,257 per active participant
2023$3,420 per active participant
2022$3,157 per active participant

Partnermd, LLC's 2025 employer contribution ran above the $2,666 median for plans its size. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$67,075 · 0.38%
2024$63,213 · 0.38%
2023$53,225 · 0.36%
2022$55,048 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Sunnyside Presbyterian Home VA$18.0M · 0.52%
Community Residences, Inc VA$16.7M · 0.30%
Ncgcare, Inc. VA$15.1M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352187337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.