Plan Ledger DOL Form 5500 · updated monthly

Premier B.H., Inc.401(k)

PREMIER B.H., INC. 401(K) PLAN · LOS ANGELES, CA · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Premier B.H., Inc. reported $214,654 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $526 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 0.90% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 3,231st-largest of 9,483 plans among California employers on file, and the 3,287th of 11,911 in health care & social assistance. In 2022, employees put in $5.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,642,214
Participants with balances2,452
Active participants1,735
Employer contributions$913,423
Employee contributions$4,672,789
Employer contribution per active participant$526
Average account balance$9,642
Benefits paid to participants$3,112,763
Plan auditUnmodified (clean) audit opinion
AuditorKKAJ LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 189 accts · $50K emplr
2023$22.0M · 1,420 accts · $196K emplr
2022$23.6M · 2,452 accts · $913K emplr
The Premier B.H., Inc. 401(k) match · 2022
Employer contribution per active participant$526
Median for plans this size$2,266
2024$2,065 per active participant
2023$357 per active participant
2022$526 per active participant

Premier B.H., Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$53,239 · 0.40%
2023$214,343 · 0.94%
2022$214,654 · 0.90%
Similar plansHealth Care & Social Assistance · California
Orthopaedic Hospital CA$23.8M · 0.35%
Salud Para la Gente CA$23.7M · 0.31%
Apla Health & Wellness CA$23.5M · 0.14%
Compass Health, Inc. CA$23.2M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363342690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.