Plan Ledger DOL Form 5500 · updated monthly

Professional Healthcare Resources, Inc.401(k)

PROFESSIONAL HEALTHCARE RESOURCES 401(K) PLAN · ANNANDALE, VA · plan year 2024

Reported admin expense ratio · 2024
1.03%

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

Professional Healthcare Resources, Inc. reported $50,329 in plan administrative expenses for 2024: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.94% to 1.03%. 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 Virginia (1,842nd of 2,266), and 7,946th of 11,911 in health care & social assistance. active participation has shrunk from 198 to 129 since 2022.

Plan summary
Net assets, end of year$4,932,750
Participants with balances120
Active participants129
Employer contributions$0
Employee contributions$135,200
Employer contribution per active participant$0
Average account balance$41,106
Benefits paid to participants$624,659
Plan auditUnmodified (clean) audit opinion
AuditorSIMIONE MACCA & LARROW LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 120 accts
2023$4.9M · 111 accts
2022$4.4M · 137 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,952
Investment management$15,377
Total administrative$50,329
The Professional Healthcare Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Professional Healthcare Resources, Inc.'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 · 20242
GLOBAL RETIREMENT PARTNERS · Investment advisory (participants)$15,377

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$50,329 · 1.03%
2023$45,028 · 0.97%
2022$46,278 · 0.94%
Similar plansHealth Care & Social Assistance · Virginia
Cornerstones, Inc. VA$5.4M · 0.38%
Warm Hearth, Inc. VA$4.6M · 0.62%
The Daily Planet VA$4.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541694532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.