Plan Ledger DOL Form 5500 · updated monthly

Physicians Alliance of Connecticut, LLC401(k)

PHYSICIANS ALLIANCE OF CONNECTICUT, LLC RETIREMENT PLAN · BRANFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Physicians Alliance of Connecticut, LLC reported $139,084 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,538 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 261st-largest of 1,106 plans among Connecticut employers on file, and the 1,533rd of 11,911 in health care & social assistance. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,804,150
Participants with balances582
Active participants360
Employer contributions$913,566
Employee contributions$2,783,136
Employer contribution per active participant$2,538
Average account balance$109,629
Benefits paid to participants$2,091,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.8M · 582 accts · $914K emplr
2023$54.0M · 505 accts · $2.0M emplr
2022$44.1M · 495 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,844
Investment management$48,240
Total administrative$139,084
The Physicians Alliance of Connecticut, LLC 401(k) match · 2024
Employer contribution per active participant$2,538
Median for plans this size$3,635
2024$2,538 per active participant
2023$5,877 per active participant
2022$5,284 per active participant

Physicians Alliance of Connecticut, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$90,844
GLOBAL RETIREMENT PARTNERS, LLC · Investment advisory (plan)$48,240
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$139,084 · 0.24%
2023$50,796 · 0.10%
2022$116,538 · 0.25%
Similar plansHealth Care & Social Assistance · Connecticut
Connecticut Gi, P.C. CT$72.8M · 0.17%
Orthoconnecticut, PLLC CT$63.1M · 0.05%
Day Kimball Hospital CT$61.7M · 0.39%
Radiology Services, LLC CT$59.8M · 0.22%
Wheeler Clinic, Inc. CT$57.3M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454697579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.