Plan Ledger DOL Form 5500 · updated monthly

Prohealth Care Associates, LLP401(k)

PROHEALTH CARE 401K PLAN · LAKE SUCCESS, NY · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Prohealth Care Associates, LLP reported $56,885 in plan administrative expenses for 2022: 0.06% of average plan assets, below the peer median. Employer contributions averaged $290,416 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,017th-largest of 5,648 plans among New York employers on file, and the 1,381st of 11,911 in health care & social assistance. In 2022, employees put in $5.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$74,086,841
Participants with balances751
Active participants6
Employer contributions$1,742,496
Employee contributions$9,706,101
Employer contribution per active participant$290,416
Average account balance$98,651
Benefits paid to participants$31,834,800
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$93K · 2 accts
2022$74.1M · 751 accts · $1.7M emplr
The Prohealth Care Associates, LLP 401(k) match · 2022
Employer contribution per active participant$290,416
Median for plans this size$3,449

Prohealth Care Associates, LLP's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$56,885 · 0.06%
Similar plansHealth Care & Social Assistance · New York
Oneida Healthcare Center NY$75.8M · 0.30%
Oswego Health NY$75.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113355604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.