Plan Ledger DOL Form 5500 · updated monthly

Precision Medicine Group, LLC401(k)

PRECISION MEDICINE GROUP 401(K) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Precision Medicine Group, LLC reported $302,425 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,263 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 fell from 0.16% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 72nd-largest of 1,671 plans among Maryland employers on file, and the 703rd of 11,654 in professional & technical services. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has shrunk from 2,454 to 2,174 since 2022.

Plan summary
Net assets, end of year$230,683,435
Participants with balances2,613
Active participants2,174
Employer contributions$9,267,513
Employee contributions$21,771,050
Employer contribution per active participant$4,263
Average account balance$88,283
Benefits paid to participants$28,098,946
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPAS P. C.
Plan history3
Yearassets · accounts · employer contribution
2024$230.7M · 2,613 accts · $9.3M emplr
2023$198.4M · 2,674 accts · $9.5M emplr
2022$151.7M · 2,674 accts · $8.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$242,571
Investment management$59,854
Total administrative$302,425
The Precision Medicine Group, LLC 401(k) match · 2024
Employer contribution per active participant$4,263
Median for plans this size$3,635
2024$4,263 per active participant
2023$4,184 per active participant
2022$3,577 per active participant

Precision Medicine Group, LLC's 2024 employer contribution ran above 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$242,571
KESTRA ADVISORY SERVICES, LLC · Investment advisory (plan)$59,854

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

Administrative cost history3
2024$302,425 · 0.14%
2023$273,585 · 0.16%
2022$236,456 · 0.16%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 452969432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.