Plan Ledger DOL Form 5500 · updated monthly

Premier Diagnostic Services, Inc.401(k)

PREMIER DIAGNOSTIC SERVICES, INC. 401(K) PLAN · STOUGHTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Premier Diagnostic Services, Inc. reported $65,475 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $489 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 0.45% 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 Massachusetts (1,621st of 2,726), and the 4,793rd of 11,911 in health care & social assistance. In 2024, employees put in $10.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,520,470
Participants with balances138
Active participants120
Employer contributions$58,722
Employee contributions$615,425
Employer contribution per active participant$489
Average account balance$97,974
Benefits paid to participants$1,293,574
Plan auditUnmodified (clean) audit opinion
AuditorSULLIVAN AND FOLAN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 138 accts · $59K emplr
2023$13.5M · 153 accts · $67K emplr
2022$11.4M · 147 accts · $248K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,475
Total administrative$65,475
The Premier Diagnostic Services, Inc. 401(k) match · 2024
Employer contribution per active participant$489
Median for plans this size$2,416
2024$489 per active participant
2023$566 per active participant
2022$1,938 per active participant

Premier Diagnostic Services, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$65,475
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)indirect 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$65,475 · 0.48%
2023$21,345 · 0.17%
2022$51,599 · 0.45%
Similar plansHealth Care & Social Assistance · Massachusetts
Onsite Mammography, LLC MA$13.6M · 0.30%
Psychemedics Corporation MA$13.5M · 0.04%
Sherrill House, Inc MA$13.2M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043372221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.