Plan Ledger DOL Form 5500 · updated monthly

Premiere Medical Resources, LLC401(k)

UNITY HEALTH 401(K) PLAN · MINNETONKA, MN · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Premiere Medical Resources, LLC reported $84,611 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,553 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 1 year on file its reported administrative ratio fell from 0.24% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 662nd-largest of 1,918 plans among Minnesota employers on file, and the 2,633rd of 11,911 in health care & social assistance. In 2022, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,000,415
Participants with balances346
Active participants298
Employer contributions$760,914
Employee contributions$1,746,823
Employer contribution per active participant$2,553
Average account balance$92,487
Benefits paid to participants$1,964,243
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$31.6M · 331 accts · $694K emplr
2022$32.0M · 346 accts · $761K emplr
The Premiere Medical Resources, LLC 401(k) match · 2022
Employer contribution per active participant$2,553
Median for plans this size$2,266
2023$2,525 per active participant
2022$2,553 per active participant

Premiere Medical Resources, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024Not separately reported
2023$25,026 · 0.08%
2022$84,611 · 0.24%
Similar plansHealth Care & Social Assistance · Minnesota
Hudson Hospital MN$33.6M · 0.09%
Minnesota Masonic Charities MN$33.0M · 0.39%
Fraser MN$31.2M · 0.47%
Associated Eye Care, LTD. MN$31.0M · 0.02%
Saint Therese MN$29.5M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201499748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.