Plan Ledger DOL Form 5500 · updated monthly

Primecare Medical, Inc.401(k)

PRIMECARE MEDICAL, INC. EMPLOYEES RETIREMENT PLAN · HARRISBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Primecare Medical, Inc. reported $56,611 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $714 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 fell from 0.27% to 0.23%. 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 1,292nd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,033rd of 11,911 in health care & social assistance. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has grown from 785 to 1,194 since 2022.

Plan summary
Net assets, end of year$26,518,541
Participants with balances611
Active participants1,194
Employer contributions$852,168
Employee contributions$2,824,456
Employer contribution per active participant$714
Average account balance$43,402
Benefits paid to participants$1,889,714
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.5M · 611 accts · $852K emplr
2023$21.7M · 364 accts · $708K emplr
2022$16.9M · 306 accts · $601K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,611
Total administrative$56,611
The Primecare Medical, Inc. 401(k) match · 2024
Employer contribution per active participant$714
Median for plans this size$2,416
2024$714 per active participant
2023$780 per active participant
2022$766 per active participant

Primecare Medical, Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$56,611

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

Administrative cost history3
2024$56,611 · 0.23%
2023$33,504 · 0.17%
2022$48,600 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Brockie Healthcare PA$27.2M · 0.06%
Living Branches PA$26.5M · 0.50%
Voce PA$26.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232428261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.