Plan Ledger DOL Form 5500 · updated monthly

Prime Healthcare Services, Inc.401(k)

PRIME HEALTHCARE SERVICES, INC. 401(K) PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Prime Healthcare Services, Inc. reported $1,115,784 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $599 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 3 years on file its reported administrative ratio has held roughly steady near 0.067%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other management of companies employers. By assets it is the 79th-largest of 9,483 plans among California employers on file, and the 28th of 786 in management of companies. In 2024, employees put in $7.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,759,429,829
Participants with balances41,055
Active participants32,874
Employer contributions$19,681,534
Employee contributions$143,232,142
Employer contribution per active participant$599
Average account balance$42,855
Benefits paid to participants$207,980,927
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.8B · 41,055 accts · $19.7M emplr
2023$1.6B · 41,244 accts · $20.4M emplr
2022$1.4B · 41,087 accts · $20.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,092,950
Investment management$22,834
Total administrative$1,115,784
The Prime Healthcare Services, Inc. 401(k) match · 2024
Employer contribution per active participant$599
Median for plans this size$5,259
2024$599 per active participant
2023$615 per active participant
2022$635 per active participant

Prime Healthcare Services, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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 · Claims processing · Recordkeeping$1,092,950
EWG ELEVATE INC · Securities brokerage$15,617
CHARLES SCHWAB & CO., INC. · Securities brokerage$5,904

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

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Administrative cost history3
2024$1,115,784 · 0.07%
2023$1,079,054 · 0.07%
2022$983,108 · 0.07%
Same employer
Similar plansManagement of Companies · California
Wells Fargo & Company CA$57.9B · 0.02%
W.R. Berkley Corporation CT$2.3B · 0.02%
Clayton Homes, Inc. TN$1.6B · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330943449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.