Plan Ledger DOL Form 5500 · updated monthly

Premier Medical Alliance LLC403(b)

PREMIER MEDICAL ALLIANCE, LLC RETIREMENT TRUST · EMERSON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Premier Medical Alliance LLC reported $106,660 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $11,635 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 0.50% to 0.37%. 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 the 851st-largest of 2,419 plans among New Jersey employers on file, and the 2,868th of 11,911 in health care & social assistance. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,791,069
Participants with balances101
Active participants73
Employer contributions$849,384
Employee contributions$1,053,739
Employer contribution per active participant$11,635
Average account balance$285,060
Benefits paid to participants$5,375,085
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 101 accts · $849K emplr
2023$28.8M · 112 accts · $847K emplr
2022$23.4M · 115 accts · $838K emplr
Administrative expenses, itemized · 2024
Investment management$72,659
Audit (IQPA)$26,775
Total administrative$106,660
The Premier Medical Alliance LLC 401(k) match · 2024
Employer contribution per active participant$11,635
Median for plans this size$2,416
2024$11,635 per active participant
2023$10,582 per active participant
2022$10,475 per active participant

Premier Medical Alliance LLC's 2024 employer contribution ran above the $2,416 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 · 20241
VOYA RETIREMENT INSURANCE AND ANNUI · 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$106,660 · 0.37%
2023$130,383 · 0.50%
2022$128,877 · 0.50%
Similar plansHealth Care & Social Assistance · New Jersey
Atlas Healthcare, LLC NJ$27.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462656846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.