Plan Ledger DOL Form 5500 · updated monthly

Premier Healthcare Solutions, Inc.401(k)

PREMIER HEALTHCARE SOLUTIONS, INC. RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Premier Healthcare Solutions, Inc. reported $364,098 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $5,000 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 3 years on file its reported administrative ratio has held roughly steady near 0.052%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 51st-largest of 2,005 plans among North Carolina employers on file, and the 243rd of 11,654 in professional & technical services. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$742,060,105
Participants with balances3,811
Active participants2,764
Employer contributions$13,819,701
Employee contributions$33,545,143
Employer contribution per active participant$5,000
Average account balance$194,715
Benefits paid to participants$66,376,328
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$742.1M · 3,811 accts · $13.8M emplr
2023$645.3M · 3,894 accts · $13.0M emplr
2022$529.8M · 3,825 accts · $12.1M emplr
The Premier Healthcare Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$5,000
Median for plans this size$4,294
2024$5,000 per active participant
2023$4,613 per active participant
2022$4,370 per active participant

Premier Healthcare Solutions, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. 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 · 20245
STRATEGIC ADVISORS, INC, · Investment advisory (plan)$235,245
MORGAN STANLEY INSTITUTE INV ADV LL · Consulting · Investment advisory (plan)$35,359
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,243
COOK STREET CONSULTING · Investment advisory (plan)$34,836
WINDHAM BRANNON, LLC · Accounting / audit$20,100

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$364,098 · 0.05%
2023$247,846 · 0.04%
2022$303,409 · 0.05%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Syneos Health NC$1.6B · 0.06%
Veradigm LLC NC$807.9M · 0.09%
Moore & van Allen PLLC NC$403.2M · 0.08%
Hoffman & Hoffman, Inc. NC$389.3M · 0.06%
Family Health International NC$257.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330054358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.