Plan Ledger DOL Form 5500 · updated monthly

Prima Care, P.C.401(k)

PRIMA CARE, P. C. PROFIT SHARING PLAN · FALL RIVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Prima Care, P.C. reported $369,761 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,795 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 0.49% to 0.46%. 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 473rd-largest of 2,726 plans among Massachusetts employers on file, and the 1,218th of 11,911 in health care & social assistance. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$86,809,780
Participants with balances950
Active participants642
Employer contributions$1,794,432
Employee contributions$3,976,616
Employer contribution per active participant$2,795
Average account balance$91,379
Benefits paid to participants$4,347,491
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.8M · 950 accts · $1.8M emplr
2023$75.2M · 863 accts · $1.7M emplr
2022$61.9M · 1,017 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$155,239
Investment management$214,522
Total administrative$369,761
The Prima Care, P.C. 401(k) match · 2024
Employer contribution per active participant$2,795
Median for plans this size$3,635
2024$2,795 per active participant
2023$2,465 per active participant
2022$2,610 per active participant

Prima Care, P.C.'s 2024 employer contribution ran below the $3,635 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 · 20242
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$155,239
PLIMOTH INVESTMENT ADVISORS · Investment advisory (plan)$214,522

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$369,761 · 0.46%
2023$350,292 · 0.51%
2022$334,886 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Benchmark Senior Living LLC MA$94.9M · 0.48%
Everbridge, Inc. MA$92.5M · 0.21%
Heywood Hospital MA$88.2M · 0.18%
The May Institute, Inc. MA$85.0M · 0.28%
Vinfen Corporation MA$78.0M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043286529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.