Plan Ledger DOL Form 5500 · updated monthly

Preferred Podiatry Management LLC401(k)

ASSEMBLY HEALTH PLAN 401(K) · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Preferred Podiatry Management LLC reported $66,168 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $126 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 0.37% to 0.48%. 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 among the smaller plans on file in Illinois (1,889th of 3,702), and the 4,179th of 11,911 in health care & social assistance. In 2024, employees put in $14.64 for every $1.00 the employer contributed; active participation has grown from 232 to 679 since 2022.

Plan summary
Net assets, end of year$16,693,439
Participants with balances256
Active participants679
Employer contributions$85,530
Employee contributions$1,252,552
Employer contribution per active participant$126
Average account balance$65,209
Benefits paid to participants$1,356,947
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 256 accts · $86K emplr
2023$11.0M · 153 accts · $78K emplr
2022$10.2M · 143 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,600
Total administrative$66,168
The Preferred Podiatry Management LLC 401(k) match · 2024
Employer contribution per active participant$126
Median for plans this size$2,416
2024$126 per active participant
2023$282 per active participant
2022$215 per active participant

Preferred Podiatry Management 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,538
CREATIVE PLANNING LLC · Investment advisory (participants)$13,986
HAUSER RETIREMENT SOLUTIONS 2 LLC · Pension consultingindirect 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
2024$66,168 · 0.48%
2023$38,423 · 0.36%
2022$37,442 · 0.37%
Similar plansHealth Care & Social Assistance · Illinois
Pediatric Health Associates IL$16.7M · 0.19%
Smith Senior Living IL$16.7M · 0.25%
Esperanza Health Centers IL$16.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452538551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.