Plan Ledger DOL Form 5500 · updated monthly

Pmc Hospital, LLC401(k)

PATIENTS MEDICAL CENTER 401(K) PLAN · PASADENA, TX · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Pmc Hospital, LLC reported $104,349 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,228 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 0.62%. 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 2,172nd-largest of 5,688 plans among Texas employers on file, and the 3,979th of 11,911 in health care & social assistance. In 2024, employees put in $2.85 for every $1.00 the employer contributed; active participation has shrunk from 490 to 420 since 2022.

Plan summary
Net assets, end of year$17,949,685
Participants with balances597
Active participants420
Employer contributions$515,629
Employee contributions$1,470,299
Employer contribution per active participant$1,228
Average account balance$30,066
Benefits paid to participants$1,875,921
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 597 accts · $516K emplr
2023$15.9M · 567 accts · $552K emplr
2022$12.8M · 519 accts · $480K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,914
Investment management$3,435
Total administrative$104,349
The Pmc Hospital, LLC 401(k) match · 2024
Employer contribution per active participant$1,228
Median for plans this size$2,416
2024$1,228 per active participant
2023$1,156 per active participant
2022$979 per active participant

Pmc Hospital, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$97,164

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$104,349 · 0.62%
2023$85,010 · 0.59%
2022$82,101 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Everly Health, Inc. TX$18.1M · 0.13%
People's Community Clinic TX$18.1M · 0.42%
Oncology Consultants, P.A. TX$18.0M · 0.34%
West Texas Health, PLLC TX$17.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273280598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.