Plan Ledger DOL Form 5500 · updated monthly

Princeton Medical Group, P.A.401(k)

PRINCETON MEDICAL GROUP, P.A. EMPLOYEES' PROFIT SHARING AND SALARY REDUCTION PLAN · PRINCETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Princeton Medical Group, P.A. reported $8,379 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,973 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 0.021% to 0.016%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 536th-largest of 2,419 plans among New Jersey employers on file, and the 1,693rd of 11,911 in health care & social assistance. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$56,875,601
Participants with balances346
Active participants218
Employer contributions$1,084,101
Employee contributions$1,368,707
Employer contribution per active participant$4,973
Average account balance$164,380
Benefits paid to participants$3,542,697
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.9M · 346 accts · $1.1M emplr
2023$49.6M · 325 accts · $1.3M emplr
2022$43.1M · 321 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,379
Total administrative$8,379
The Princeton Medical Group, P.A. 401(k) match · 2024
Employer contribution per active participant$4,973
Median for plans this size$3,635
2024$4,973 per active participant
2023$5,741 per active participant
2022$5,094 per active participant

Princeton Medical Group, P.A.'s 2024 employer contribution ran above the $3,635 median for plans its size. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,429

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$8,379 · 0.02%
2023$37,926 · 0.08%
2022$10,170 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
I.D. Care, LLC NJ$59.0M · 0.03%
Tryko Partners, LLC NJ$51.1M · 0.21%
Complete Care LLC NJ$49.6M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222306123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.