Plan Ledger DOL Form 5500 · updated monthly

Private Diagnostic Clinic PLLC401(k)

THE PRIVATE DIAGNOSTIC CLINIC, PLLC PROFIT SHARING PLAN · DURHAM, NC · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Private Diagnostic Clinic PLLC reported $268,685 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $31,397 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 rose from 0.02% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 28th-largest of 2,005 plans among North Carolina employers on file, and the 114th of 11,911 in health care & social assistance. In 2023, the employer put in $6.30 for every $1.00 employees contributed themselves; active participation has shrunk from 3,293 to 2,048 since 2022.

Plan summary
Net assets, end of year$1,589,004,583
Participants with balances3,859
Active participants2,048
Employer contributions$64,301,505
Employee contributions$10,209,411
Employer contribution per active participant$31,397
Average account balance$411,766
Benefits paid to participants$122,449,347
Plan auditUnmodified (clean) audit opinion
AuditorPRMARES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$268K · 12 accts · $10K emplr
2023$1.6B · 3,859 accts · $64.3M emplr
2022$1.4B · 4,538 accts · $77.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,796
Investment management$200,389
Total administrative$268,685
The Private Diagnostic Clinic PLLC 401(k) match · 2023
Employer contribution per active participant$31,397
Median for plans this size$5,237
2024$1,123 per active participant
2023$31,397 per active participant
2022$23,378 per active participant

Private Diagnostic Clinic PLLC's 2023 employer contribution ran above the $5,237 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 · 20234
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$132,889
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$67,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,628
PBMARES, LLP · Consulting$8,500

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$377,719 · 0.05%
2023$268,685 · 0.02%
2022$225,153 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Novant Health, Inc. NC$2.5B · 0.11%
Wakemed NC$1.4B · 0.10%
Fortrea Inc. NC$606.0M · 0.11%
Caromont Health, Inc. NC$510.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561029437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.