Plan Ledger DOL Form 5500 · updated monthly

Preferred Family Healthcare, Incorporated401(k)

PREFERRED FAMILY HEALTHCARE EMPLOYEE'S PROFIT SHARING PLAN · SPRINGFIELD, MO · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Preferred Family Healthcare, Incorporated reported $154,114 in plan administrative expenses for 2023: 0.41% of average plan assets, above the peer median. Employer contributions averaged $746 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 0.46% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 361st-largest of 1,393 plans among Missouri employers on file, and the 2,115th of 11,911 in health care & social assistance. In 2023, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 1,525 to 2,594 since 2022.

Plan summary
Net assets, end of year$42,861,464
Participants with balances1,877
Active participants2,594
Employer contributions$1,936,345
Employee contributions$3,672,184
Employer contribution per active participant$746
Average account balance$22,835
Benefits paid to participants$2,869,815
Plan auditUnmodified (clean) audit opinion
AuditorKPM CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$68 · $89K emplr
2023$42.9M · 1,877 accts · $1.9M emplr
2022$33.1M · 1,047 accts · $1.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$124,114
Investment management$30,000
Total administrative$154,114
The Preferred Family Healthcare, Incorporated 401(k) match · 2023
Employer contribution per active participant$746
Median for plans this size$2,440
2023$746 per active participant
2022$1,101 per active participant

Preferred Family Healthcare, Incorporated's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$124,114
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$30,000

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$66,275 · 0.31%
2023$154,114 · 0.41%
2022$167,147 · 0.46%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Urology of St. Louis, Inc. MO$49.3M · 0.00%
Burrell Inc. MO$47.5M · 0.16%
Mid-America Transplant MO$38.7M · 0.45%
Eye Care, LLC MO$37.1M · 0.23%
Sound Health Services, P.C. MO$34.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431236557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.