Plan Ledger DOL Form 5500 · updated monthly

Prime Providers California LLC401(k)

PRIME PROVIDERS CALIFORNIA LLC 401(K) PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
1.55%

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

Prime Providers California LLC reported $59,900 in plan administrative expenses for 2024: 1.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $115 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 1.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,051st of 9,483), and 7,991st of 11,911 in health care & social assistance. In 2024, employees put in $4.47 for every $1.00 the employer contributed; active participation has grown from 426 to 2,328 since 2022.

Plan summary
Net assets, end of year$4,856,782
Participants with balances431
Active participants2,328
Employer contributions$267,626
Employee contributions$1,195,232
Employer contribution per active participant$115
Average account balance$11,269
Benefits paid to participants$401,290
Plan auditUnmodified (clean) audit opinion
AuditorMICHAEL J. CONKEY AND ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 431 accts · $268K emplr
2023$2.9M · 338 accts · $145K emplr
2022$1.7M · 144 accts · $96K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,764
Investment management$136
Total administrative$59,900
The Prime Providers California LLC 401(k) match · 2024
Employer contribution per active participant$115
Median for plans this size$1,313
2024$115 per active participant
2023$66 per active participant
2022$227 per active participant

Prime Providers California LLC's 2024 employer contribution ran below the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$59,900

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$59,900 · 1.55%
2023$45,881 · 2.01%
2022$25,061 · 1.57%
Similar plansHealth Care & Social Assistance · California
Collabria Care CA$4.9M · 0.05%
Prohealth Home Care Inc CA$4.8M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853729966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.