Plan Ledger DOL Form 5500 · updated monthly

Privia Health LLC401(k)

PRIVIA RETIREMENT PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Privia Health LLC reported $1,161,625 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,208 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 0.16% to 0.27%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 81st-largest of 2,266 plans among Virginia employers on file, and the 381st of 11,654 in professional & technical services. In 2024, employees put in $1.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$462,511,344
Participants with balances6,680
Active participants4,858
Employer contributions$25,298,928
Employee contributions$27,450,534
Employer contribution per active participant$5,208
Average account balance$69,238
Benefits paid to participants$34,462,683
Plan auditUnmodified (clean) audit opinion
AuditorSONZOGNI, BOTTITTO & COOPER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$462.5M · 6,680 accts · $25.3M emplr
2023$392.0M · 6,422 accts · $28.5M emplr
2022$343.6M · 7,048 accts · $22.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,161,625
Total administrative$1,161,625
The Privia Health LLC 401(k) match · 2024
Employer contribution per active participant$5,208
Median for plans this size$4,294
2024$5,208 per active participant
2023$5,493 per active participant
2022$4,556 per active participant

Privia Health LLC's 2024 employer contribution ran above the $4,294 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 · 20245
PRIME PENSIONS, INC. · Contract administrator$546,780
EMPOWER ADVISORY GROUP LLC · Investment management$152,826
SONZOGNI BOTITTO & COOPER LLC · Accounting / audit$35,000

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$1,161,625 · 0.27%
2023$1,102,767 · 0.30%
2022$573,218 · 0.16%
Same employer
Similar plansProfessional & Technical Services · Virginia
Zeta Associates VA$589.9M
Lmi Consulting LLC VA$524.6M · 0.07%
Dewberry Engineers Inc. VA$511.3M · 0.05%
Presidio LLC VA$468.8M · 0.12%
SIX3 Advanced Systems, Inc. VA$389.8M · 0.05%
Idemia Identity and Security VA$379.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261385077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.