Plan Ledger DOL Form 5500 · updated monthly

Physician and Tactical Healthcare Services,401(k)

P.A.T.H.S. 401(K) PLAN · CHERRY HILL, NJ · plan year 2023

Reported admin expense ratio · 2023
0.87%

Physician and Tactical Healthcare Services, reported $38,067 in plan administrative expenses for 2023: 0.87% 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.

Across the 2 years on file its reported administrative ratio rose from 0.82% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,920th of 2,419), and 9,959th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$4,555,024
Participants with balances103
Active participants332
Employer contributions—
Employee contributions$313,420
Employer contribution per active participant—
Average account balance$44,224
Benefits paid to participants$647,244
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 85 accts
2023$4.6M · 103 accts
2022$4.2M · 113 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,067
Total administrative$38,067
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$38,067
INTEGRATED WEALTH CONCEPTS, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$41,078 · 0.91%
2023$38,067 · 0.87%
2022$36,827 · 0.82%
Same employer
Similar plansProfessional & Technical Services · New Jersey
First Tek, Inc. NJ$4.9M · 0.57%
Tanisha Systems Inc. NJ$4.8M · 0.03%
Om Group, Inc. NJ$4.7M · 0.62%
Indecomm Holdings Inc NJ$4.5M · 0.49%
Hepco, Inc. NJ$4.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522274526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.