Plan Ledger DOL Form 5500 · updated monthly

Primary Partnercare Physicians, PLLC401(k)

PRIMARY PARTNERCARE PHYSICIANS, PLLC 401(K) PROFIT SHARING PLAN · GREAT NECK, NY · plan year 2023

Reported admin expense ratio · 2023
0.57%

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

Primary Partnercare Physicians, PLLC reported $17,334 in plan administrative expenses for 2023: 0.57% of average plan assets, above the peer median. Employer contributions averaged $8,653 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 New York (4,699th of 5,648), and 8,644th of 11,911 in health care & social assistance. In 2023, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,861,524
Participants with balances95
Active participants92
Employer contributions$796,091
Employee contributions$594,848
Employer contribution per active participant$8,653
Average account balance$40,648
Benefits paid to participants$54,769
Plan auditUnmodified (clean) audit opinion
AuditorREHN & MARESCO
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,113
Investment management$11,221
Total administrative$17,334
The Primary Partnercare Physicians, PLLC 401(k) match · 2023
Employer contribution per active participant$8,653
Median for plans this size$1,308

Primary Partnercare Physicians, PLLC'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 · 20232
BENEFIT PLANS ADMINISTRATIVE SVCS · Recordkeeping · Custodial$6,113
INNOVATIVE INVSTMNT FIDUCIARIES · Investment advisory (participants) · Investment advisory (plan)$11,221

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$17,334 · 0.57%
Similar plansHealth Care & Social Assistance · New York
Equinox, Inc. NY$4.0M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 851223208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.