Plan Ledger DOL Form 5500 · updated monthly

Promisecare Management Services, LLC401(k)

PROMISECARE MANAGEMENT SERVICES 401(K) RETIREMENT SAVINGS PLAN · HEMET, CA · plan year 2022

Reported admin expense ratio · 2022
0.61%

Promisecare Management Services, LLC reported $22,532 in plan administrative expenses for 2022: 0.61% of average plan assets, above the peer median. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (7,670th of 9,483), and 1,686th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$3,367,129
Participants with balances57
Active participants195
Employer contributions—
Employee contributions$218,537
Employer contribution per active participant—
Average account balance$59,072
Benefits paid to participants$43,585
Plan auditUnmodified (clean) audit opinion
AuditorNOLAN ROYLE
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,532
Total administrative$22,532
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 history1
2022$22,532 · 0.61%
Similar plansAdministrative & Support Services · California
G&C Staffing LLC CA$3.3M · 1.25%
Digital Media Management CA$3.2M · 0.48%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330959335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.