Plan Ledger DOL Form 5500 · updated monthly

Patient Engagement Advisors, LLC401(k)

PATIENT ENGAGEMENT ADVISORS 401(K) PLAN · BIRMINGHAM, AL · plan year 2022

Reported admin expense ratio · 2022
1.81%

Patient Engagement Advisors, LLC reported $14,705 in plan administrative expenses for 2022: 1.81% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Alabama (863rd of 902), and 11,311th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$828,264
Participants with balances86
Active participants82
Employer contributions—
Employee contributions$202,348
Employer contribution per active participant—
Average account balance$9,631
Benefits paid to participants$34,710
Plan auditUnmodified (clean) audit opinion
AuditorBT & CO., P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,899
Investment management$7,056
Professional / advisory$750
Total administrative$14,705
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$14,705 · 1.81%
Similar plansProfessional & Technical Services · Alabama
Swj Technology, LLC AL$1.1M · 1.61%
Foshee Payroll, LLC AL$733K · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262292807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.