Physician Healthcare Network, P.C.401(k)
PHYSICIAN HEALTHCARE NETWORK, P.C. 401(K) PROFIT SHARING PLAN · FORT GRATIOT, MI · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Physician Healthcare Network, P.C. reported $75,227 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,173 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 rose from 0.12% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,027th-largest of 2,619 plans among Michigan employers on file, and the 3,669th of 11,911 in health care & social assistance. In 2024, employees put in $1.23 for every $1.00 the employer contributed.
Physician Healthcare Network, P.C.'s 2024 employer contribution ran above the $2,416 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 383175658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.