Plan Ledger DOL Form 5500 · updated monthly

Pottstown Medical Specialists, Inc401(k)

POTTSTOWN MEDICAL SPECIALISTS, INC PROFIT SHARING 401K PLAN · POTTSTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Pottstown Medical Specialists, Inc reported $19,790 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,661 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 0.01% to 0.07%. 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 1,156th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,712th of 11,911 in health care & social assistance. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 147 to 176 since 2022.

Plan summary
Net assets, end of year$30,845,226
Participants with balances269
Active participants176
Employer contributions$468,348
Employee contributions$757,803
Employer contribution per active participant$2,661
Average account balance$114,666
Benefits paid to participants$1,197,695
Plan auditUnmodified (clean) audit opinion
AuditorMARION & BLACK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$30.8M · 269 accts · $468K emplr
2023$27.3M · 256 accts · $466K emplr
2022$23.9M · 258 accts · $437K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,672
Investment management$3
Audit (IQPA)$15,115
Total administrative$19,790
The Pottstown Medical Specialists, Inc 401(k) match · 2024
Employer contribution per active participant$2,661
Median for plans this size$2,416
2024$2,661 per active participant
2023$3,130 per active participant
2022$2,971 per active participant

Pottstown Medical Specialists, Inc'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.

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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$4,671
MARION AND BLACK LLC · Accounting / audit$15,115
SECURITIES AMERICA INCindirect comp
OSAIC WEALTH INCindirect 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
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Pottstown Medical Specialists, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,790 · 0.07%
2023$19,779 · 0.08%
2022$3,652 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Remed Holdings, LLC PA$31.1M · 0.42%
Evangelical Services PA$31.0M · 0.65%
Warren General Hospital PA$30.5M · 0.29%
Path, Inc. PA$30.1M · 0.06%
Mercer Bucks Cardiology, PA PA$30.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232067171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.