Plan Ledger DOL Form 5500 · updated monthly

Premier Physicians Centers, Inc.401(k)

PREMIER PHYSICIANS CENTERS 401(K) RETIREMENT PLAN · WESTLAKE, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Premier Physicians Centers, Inc. reported $92,185 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,877 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 0.24% to 0.26%. 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 821st-largest of 3,295 plans among Ohio employers on file, and the 2,354th of 11,911 in health care & social assistance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 227 to 254 since 2022.

Plan summary
Net assets, end of year$37,385,083
Participants with balances376
Active participants254
Employer contributions$730,773
Employee contributions$1,388,524
Employer contribution per active participant$2,877
Average account balance$99,428
Benefits paid to participants$1,959,822
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 376 accts · $731K emplr
2023$33.3M · 414 accts · $761K emplr
2022$30.7M · 401 accts · $767K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,681
Investment management$27,504
Audit (IQPA)$17,000
Total administrative$92,185
The Premier Physicians Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,877
Median for plans this size$2,416
2024$2,877 per active participant
2023$3,268 per active participant
2022$3,379 per active participant

Premier Physicians Centers, Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$47,681
LPL FINANCIAL LLC · Investment advisory (plan)$27,495
PLANTE & MORAN PLLC · Accounting / audit$17,000

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$92,185 · 0.26%
2023$92,243 · 0.29%
2022$79,015 · 0.24%
Similar plansHealth Care & Social Assistance · Ohio
Ohioguidestone OH$39.7M · 0.47%
Fulton County Health Center OH$38.3M · 0.45%
Cora Health Services, Inc. OH$36.4M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341783789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.