Plan Ledger DOL Form 5500 · updated monthly

Professional Therapy Services, Inc.401(k)

PTS EMPLOYEE'S 401(K) PLAN · BELLEVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Professional Therapy Services, Inc. reported $147,570 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $488 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 3 years on file its reported administrative ratio has held roughly steady near 0.70%. 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 1,608th-largest of 3,702 plans among Illinois employers on file, and the 3,415th of 11,911 in health care & social assistance. In 2024, employees put in $7.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,262,311
Participants with balances250
Active participants330
Employer contributions$161,156
Employee contributions$1,194,061
Employer contribution per active participant$488
Average account balance$89,049
Benefits paid to participants$925,319
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 250 accts · $161K emplr
2023$19.8M · 239 accts · $146K emplr
2022$17.2M · 241 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,159
Investment management$52,823
Audit (IQPA)$17,588
Total administrative$147,570
The Professional Therapy Services, Inc. 401(k) match · 2024
Employer contribution per active participant$488
Median for plans this size$2,416
2024$488 per active participant
2023$430 per active participant
2022$410 per active participant

Professional Therapy Services, 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 · 20243
LINCOLN NATIONAL CORPORATION · Contract administrator$77,159
WELLS FARGO CLEARING SVCES(WF ADVS) · Investment advisory (plan)$52,823
CJ SCHLOSSER & COMPANY LLC · Accounting / audit$17,588

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$147,570 · 0.70%
2023$128,744 · 0.70%
2022$127,487 · 0.67%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
The Family Institute IL$23.4M · 0.25%
2014 Health, LLC IL$21.6M · 0.63%
Howard Brown Health Center IL$20.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371087415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.