Plan Ledger DOL Form 5500 · updated monthly

Primary Diagnostics, Inc.401(k)

PRIMARY DIAGNOSTICS, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2023

Reported admin expense ratio · 2023
1.09%

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

Primary Diagnostics, Inc. reported $23,560 in plan administrative expenses for 2023: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,318 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,038th of 9,483), and 9,551st of 11,911 in health care & social assistance. In 2023, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,606,635
Participants with balances79
Active participants38
Employer contributions$354,072
Employee contributions$752,398
Employer contribution per active participant$9,318
Average account balance$32,995
Benefits paid to participants$930,423
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,351
Investment management$4,605
Total administrative$23,560
The Primary Diagnostics, Inc. 401(k) match · 2023
Employer contribution per active participant$9,318
Median for plans this size$1,308

Primary Diagnostics, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$14,351
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$9,203
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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 history1
2023$23,560 · 1.09%
Similar plansHealth Care & Social Assistance · California
Sutter Vna and Hospice CA$2.7M · 0.08%
Kingdom Causes, Inc. CA$2.6M · 0.93%
Choice Homecare, Inc. CA$2.6M · 0.12%
Statrad, LLC CA$2.6M · 0.61%
Royal Ambulance CA$2.6M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851163805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.