Plan Ledger DOL Form 5500 · updated monthly

Personal Enrichment Through Mental Health Services, Inc.403(b)

PERSONAL ENRICHMENT THROUGH MENTAL HEALTH SERVICES, INC. RETIREMENT PLAN · PINELLAS PARK, FL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Personal Enrichment Through Mental Health Services, Inc. reported $15,209 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $450 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 2 years on file its reported administrative ratio fell from 0.58% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,409th of 3,644), and 7,656th of 11,911 in health care & social assistance. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,440,101
Participants with balances111
Active participants202
Employer contributions$90,915
Employee contributions$296,232
Employer contribution per active participant$450
Average account balance$49,010
Benefits paid to participants$291,640
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 111 accts · $91K emplr
2023$4.8M · 108 accts · $78K emplr
2022$4.3M · 106 accts · $78K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,988
Trustee / custodial$221
Total administrative$15,209
Employer contributions to the Personal Enrichment Through Mental Health Services, Inc. plan · 2024
Employer contribution per active participant$450
Median for plans this size$1,313
2024$450 per active participant
2023$349 per active participant
2022$382 per active participant

Personal Enrichment Through Mental Health Services, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Recordkeeping$8,415
VALIC · Investment advisory (participants) · Loan processing$6,572

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$15,209 · 0.30%
2023$15,666 · 0.34%
2022$28,080 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Pcc Medical Holdings LLC FL$5.5M · 0.78%
Qsm Health Systems, Inc. FL$5.5M · 0.91%
Sightlife FL$5.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593153549 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.