Plan Ledger DOL Form 5500 · updated monthly

Persante Health Care, Inc.401(k)

PERSANTE HEALTH CARE 401(K) PROFIT SHARING PLAN · MOUNT LAUREL, NJ · plan year 2021

Reported admin expense ratio · 2021
0.08%

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

Persante Health Care, Inc. reported $6,318 in plan administrative expenses for 2021: 0.08% of average plan assets, below the peer median. Employer contributions averaged $710 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 1 year on file its reported administrative ratio rose from 0.08% to 0.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,649th of 2,419), and 6,377th of 11,911 in health care & social assistance. In 2021, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,172,206
Participants with balances258
Active participants225
Employer contributions$159,736
Employee contributions$473,076
Employer contribution per active participant$710
Average account balance$31,675
Benefits paid to participants$432,289
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN & COMPANY LLP
Plan history2
Yearassets · accounts · employer contribution
2022$6.4M · 326 accts · $186K emplr
2021$8.2M · 258 accts · $160K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$6,318
Total administrative$6,318
The Persante Health Care, Inc. 401(k) match · 2021
Employer contribution per active participant$710
Median for plans this size$994
2022$817 per active participant
2021$710 per active participant

Persante Health Care, Inc.'s 2021 employer contribution ran below the $994 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$7,028 · 0.10%
2021$6,318 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
The Arc Gloucester, Inc. NJ$8.2M · 0.04%
Our House, Inc. NJ$8.2M · 0.67%
Lisata Therapeutics, Inc. NJ$7.9M · 0.50%
Ept Management LLC NJ$7.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454346918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.