Plan Ledger DOL Form 5500 · updated monthly

Preferred Primary Care Physicians, Inc.401(k)

PREFERRED PRIMARY CARE PHYSICIANS, INC. 401K PROFIT SHARING PLAN · CANONSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Preferred Primary Care Physicians, Inc. reported $50,038 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $7,865 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 0.19% to 0.06%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 564th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,296th of 11,911 in health care & social assistance. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves; active participation has grown from 332 to 379 since 2022.

Plan summary
Net assets, end of year$79,386,122
Participants with balances524
Active participants379
Employer contributions$2,980,769
Employee contributions$2,456,079
Employer contribution per active participant$7,865
Average account balance$151,500
Benefits paid to participants$14,504,896
Plan auditUnmodified (clean) audit opinion
AuditorKLINE KEPPEL & KORYAK, PC
Plan history3
Yearassets · accounts · employer contribution
2024$79.4M · 524 accts · $3.0M emplr
2023$76.4M · 386 accts · $2.6M emplr
2022$63.6M · 431 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,851
Investment management$9,187
Total administrative$50,038
The Preferred Primary Care Physicians, Inc. 401(k) match · 2024
Employer contribution per active participant$7,865
Median for plans this size$3,635
2024$7,865 per active participant
2023$7,130 per active participant
2022$7,345 per active participant

Preferred Primary Care Physicians, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,851
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,187

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$50,038 · 0.06%
2023$76,720 · 0.11%
2022$128,653 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Pressley Ridge PA$83.3M · 0.14%
Community Behavioral Health PA$79.2M · 0.50%
Wayne Memorial Hospital PA$78.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251742085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.