Plan Ledger DOL Form 5500 · updated monthly

Primary Care Partners, LLC401(k)

PRIMARY CARE PARTNERS/ATLANTIC HEALTH PARTNERS 401(K) PROFIT SHARING PLAN · MORRIS PLAINS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Primary Care Partners, LLC reported $139,126 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $6,064 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 0.30% to 0.33%. 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 607th-largest of 2,419 plans among New Jersey employers on file, and the 2,042nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.00 for every $1.00 employees contributed themselves; active participation has grown from 393 to 439 since 2022.

Plan summary
Net assets, end of year$45,142,310
Participants with balances675
Active participants439
Employer contributions$2,661,941
Employee contributions$2,649,617
Employer contribution per active participant$6,064
Average account balance$66,877
Benefits paid to participants$4,750,225
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.1M · 675 accts · $2.7M emplr
2023$39.9M · 629 accts · $2.2M emplr
2022$31.7M · 553 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,756
Investment management$74,203
Trustee / custodial$167
Total administrative$139,126
The Primary Care Partners, LLC 401(k) match · 2024
Employer contribution per active participant$6,064
Median for plans this size$2,416
2024$6,064 per active participant
2023$5,447 per active participant
2022$4,787 per active participant

Primary Care Partners, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$64,756
RTD FINANCIAL ADVISORS, INC. · Investment advisory (plan)$74,203

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$139,126 · 0.33%
2023$114,824 · 0.32%
2022$101,296 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Tryko Partners, LLC NJ$51.1M · 0.21%
Complete Care LLC NJ$49.6M · 1.05%
Oaks Integrated Care, Inc. NJ$47.4M · 0.14%
Valley Home Care, Inc. NJ$43.7M · 0.06%
Garden State Urology, LLC NJ$43.2M · 0.00%
Consensus Medical Group NJ$41.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274980253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.