Plan Ledger DOL Form 5500 · updated monthly

Pm Pediatrics Management Group, LLC401(k)

PM PEDIATRICS MANAGEMENT GROUP, LLC 401(K) PLAN · NEW HYDE PARK, NY · plan year 2023

Reported admin expense ratio · 2023
0.67%

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

Pm Pediatrics Management Group, LLC reported $244,393 in plan administrative expenses for 2023: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,365 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 1 year on file its reported administrative ratio rose from 0.63% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,549th-largest of 5,648 plans among New York employers on file, and the 351st of 2,534 in administrative & support services. In 2023, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,777,777
Participants with balances1,420
Active participants1,055
Employer contributions$1,439,950
Employee contributions$5,436,134
Employer contribution per active participant$1,365
Average account balance$29,421
Benefits paid to participants$2,399,824
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.0M emplr
2023$41.8M · 1,420 accts · $1.4M emplr
2022$31.0M · 1,242 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$244,393
Total administrative$244,393
The Pm Pediatrics Management Group, LLC 401(k) match · 2023
Employer contribution per active participant$1,365
Median for plans this size$2,440
2023$1,365 per active participant
2022$1,400 per active participant

Pm Pediatrics Management Group, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$236,149
ASSOCIATED PENSION CONSULTANTS, INC · Contract administrator · Other services$8,245
PARK AVENUE SECURITIES · Other servicesindirect comp
WILSHIRE ADVISORS 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
2024Not separately reported
2023$244,393 · 0.67%
2022$194,569 · 0.63%
Same employer
Similar plansAdministrative & Support Services · New York
Armhr, LLC NY$45.8M · 0.55%
The Solomon-Page Group, LLC NY$45.5M · 0.36%
Sps North America Inc. NY$43.1M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331067457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.