Plan Ledger DOL Form 5500 · updated monthly

Php of Alabama, Inc.401(k)

PHP OF ALABAMA 401(K) PLAN · COLLIERVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
1.78%

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

Php of Alabama, Inc. reported $4,635 in plan administrative expenses for 2022: 1.78% of average plan assets, higher than ~75% of peers. Employer contributions averaged $176 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,472nd of 1,496), and 11,610th of 11,911 in health care & social assistance. In 2022, the employer put in $1.48 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$265,509
Participants with balances42
Active participants276
Employer contributions$48,537
Employee contributions$32,755
Employer contribution per active participant$176
Average account balance$6,322
Benefits paid to participants$24,780
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,099
Investment management$536
Total administrative$4,635
The Php of Alabama, Inc. 401(k) match · 2022
Employer contribution per active participant$176
Median for plans this size$331

Php of Alabama, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,635 · 1.78%
Similar plansHealth Care & Social Assistance · Tennessee
Php of Fern Park, LLC TN$430K · 1.35%
Copilotiq Medical P.A. TN$393K · 1.13%
Camm Care LLC TN$163K · 0.16%
First Steps, Inc. TN$4K · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582181302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.