Plan Ledger DOL Form 5500 · updated monthly

Physicians Medical Center, LLC dba Texas Health Center for Diagnostics401(k)

PHYSICIAN'S MEDICAL CENTER, LLC 401(K) PLAN · PLANO, TX · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Physicians Medical Center, LLC dba Texas Health Center for Diagnostics reported $45,229 in plan administrative expenses for 2022: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,859 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,683rd-largest of 5,688 plans among Texas employers on file, and the 4,955th of 11,911 in health care & social assistance. In 2022, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,806,014
Participants with balances179
Active participants189
Employer contributions$540,365
Employee contributions$901,447
Employer contribution per active participant$2,859
Average account balance$71,542
Benefits paid to participants$2,276,879
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $19K emplr
2022$12.8M · 179 accts · $540K emplr
The Physicians Medical Center, LLC dba Texas Health Center for Diagnostics 401(k) match · 2022
Employer contribution per active participant$2,859
Median for plans this size$2,266

Physicians Medical Center, LLC dba Texas Health Center for Diagnostics's 2022 employer contribution ran above the $2,266 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 history2
2023Not separately reported
2022$45,229 · 0.31%
Similar plansHealth Care & Social Assistance · Texas
Hospice of East Texas TX$13.1M · 0.84%
Austin Retina Associates TX$13.0M · 0.65%
Ppg Health, PA TX$12.8M · 0.66%
Child, Inc. TX$12.7M · 0.36%
Aspire Allergy & Sinus TX$12.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481281376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.