Plan Ledger DOL Form 5500 · updated monthly

Prohealth Professional Services401(k)

PROHEALTH PROFESSIONAL SERVICES LLC 401K PLAN · ENCINO, CA · plan year 2023

Reported admin expense ratio · 2023
1.48%

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

Prohealth Professional Services reported $40,918 in plan administrative expenses for 2023: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,301 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 has held roughly steady near 1.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (7,846th of 9,483), and 1,758th of 2,534 in administrative & support services. In 2023, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,999,180
Participants with balances140
Active participants23
Employer contributions$190,921
Employee contributions$369,802
Employer contribution per active participant$8,301
Average account balance$21,423
Benefits paid to participants$517,011
Plan auditUnmodified (clean) audit opinion
AuditorPERRY HAY LLP
Plan history2
Yearassets · accounts · employer contribution
2023$3.0M · 140 accts · $191K emplr
2022$2.5M · 145 accts · $206K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,918
Total administrative$40,918
The Prohealth Professional Services 401(k) match · 2023
Employer contribution per active participant$8,301
Median for plans this size$1,308
2023$8,301 per active participant
2022$1,852 per active participant

Prohealth Professional Services's 2023 employer contribution ran above the $1,308 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 · 20233
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$36,675
ADP, INC. · Loan processing · Recordkeeping$4,242
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$40,918 · 1.48%
2022$38,054 · 1.49%
Similar plansAdministrative & Support Services · California
G&C Staffing LLC CA$3.3M · 1.25%
Digital Media Management CA$3.2M · 0.48%
Onsite Dental, LLC CA$2.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831129180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.