Plan Ledger DOL Form 5500 · updated monthly

Premier Medical Group of Mississippi, LLC401(k)

PMGM SAVINGS PLAN · RIDGELAND, MS · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Premier Medical Group of Mississippi, LLC reported $19,164 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,258 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 0.054% to 0.048%. 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 57th-largest of 367 plans among Mississippi employers on file, and the 2,186th of 11,911 in health care & social assistance. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$41,396,736
Participants with balances251
Active participants121
Employer contributions$394,206
Employee contributions$309,099
Employer contribution per active participant$3,258
Average account balance$164,927
Benefits paid to participants$1,988,460
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$41.4M · 251 accts · $394K emplr
2023$38.2M · 261 accts · $308K emplr
2022$33.7M · 270 accts · $312K emplr
The Premier Medical Group of Mississippi, LLC 401(k) match · 2024
Employer contribution per active participant$3,258
Median for plans this size$2,416
2024$3,258 per active participant
2023$2,543 per active participant
2022$2,535 per active participant

Premier Medical Group of Mississippi, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$19,164

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,164 · 0.05%
2023$19,722 · 0.05%
2022$20,187 · 0.05%
Similar plansHealth Care & Social Assistance · Mississippi
Jackson Heart Clinic, P.A. MS$42.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640891283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.