Plan Ledger DOL Form 5500 · updated monthly

Premier Therapy LLC401(k)

PREMIER THERAPY LLC EMPLOYEES' 401(K) PLAN · BEAVER FALLS, PA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Premier Therapy LLC reported $96,115 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $227 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 0.44% to 0.51%. 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 1,532nd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,681st of 11,911 in health care & social assistance. In 2024, employees put in $4.85 for every $1.00 the employer contributed; active participation has grown from 799 to 1,063 since 2022.

Plan summary
Net assets, end of year$20,173,526
Participants with balances421
Active participants1,063
Employer contributions$241,200
Employee contributions$1,170,837
Employer contribution per active participant$227
Average account balance$47,918
Benefits paid to participants$1,658,809
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 421 accts · $241K emplr
2023$17.9M · 394 accts · $214K emplr
2022$15.2M · 407 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,115
Total administrative$96,115
The Premier Therapy LLC 401(k) match · 2024
Employer contribution per active participant$227
Median for plans this size$2,416
2024$227 per active participant
2023$245 per active participant
2022$294 per active participant

Premier Therapy LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$96,115
AXA ADVISORS, LLC. · Investment advisory (plan)indirect comp
PREMIER THERAPY LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · 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$96,115 · 0.51%
2023$83,097 · 0.50%
2022$73,436 · 0.44%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Garden Spot Village PA$20.7M · 0.50%
Verland PA$20.2M · 0.46%
The Renfrew Centers, Inc. PA$19.8M · 0.39%
Menno Haven, Inc. PA$19.7M · 0.33%
Gaudenzia, Inc. PA$19.6M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311746182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.