Plan Ledger DOL Form 5500 · updated monthly

Premier Medical Group, P.C.401(k)

PREMIER MEDICAL GROUP,P.C.401(K) PROFIT SHARING PLAN · CLARKSVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Premier Medical Group, P.C. reported $187,515 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,075 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 0.10% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 251st-largest of 1,496 plans among Tennessee employers on file, and the 1,601st of 11,911 in health care & social assistance. In 2024, the employer put in $1.57 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$60,393,262
Participants with balances461
Active participants218
Employer contributions$1,978,376
Employee contributions$1,262,318
Employer contribution per active participant$9,075
Average account balance$131,005
Benefits paid to participants$5,339,348
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.4M · 461 accts · $2.0M emplr
2023$54.8M · 449 accts · $1.9M emplr
2022$47.5M · 426 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,515
Total administrative$187,515
The Premier Medical Group, P.C. 401(k) match · 2024
Employer contribution per active participant$9,075
Median for plans this size$3,635
2024$9,075 per active participant
2023$8,444 per active participant
2022$7,832 per active participant

Premier Medical Group, P.C.'s 2024 employer contribution ran above the $3,635 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 · 20244
ACUFF & ASSOCIATES, INC.$28,050
PRUDENT STREET FINANCIAL ADVISORSindirect comp
SEVEN SPRINGS WEALTH GROUP, LLCindirect 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$187,515 · 0.33%
2023$110,452 · 0.22%
2022$54,050 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
The Surgical Clinic, PLLC TN$59.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621586159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.