Plan Ledger DOL Form 5500 · updated monthly

Psychotherapeutic Services, Inc.401(k)

PSYCHOTHERAPEUTIC SERVICES, INC. 401(K) PLAN · CHESTERTOWN, MD · plan year 2023

Reported admin expense ratio · 2023
0.75%

Psychotherapeutic Services, Inc. reported $18,662 in plan administrative expenses for 2023: 0.75% 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.

Across the 2 years on file its reported administrative ratio rose from 0.79% to 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,479th of 1,671), and 9,552nd of 11,911 in health care & social assistance. active participation has shrunk from 97 to 66 since 2022.

Plan summary
Net assets, end of year$2,603,013
Participants with balances283
Active participants66
Employer contributions—
Employee contributions$96,344
Employer contribution per active participant—
Average account balance$9,198
Benefits paid to participants$173,788
Plan auditUnmodified (clean) audit opinion
AuditorNARDONE PRIDGEON & COMPANY P.A
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 256 accts
2023$2.6M · 283 accts
2022$2.3M · 296 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,662
Total administrative$18,662
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
ADP, INC. · Loan processing · Recordkeeping$18,662
ADP BROKER-DEALER · Other servicesindirect comp
JUSTIN RETIREMENT, LLC · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, NARDONE, PRIDGEON & COMPANY, P.A
2023ADP

This plan has changed recordkeepers within these filings. If you left Psychotherapeutic Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,039 · 1.18%
2023$18,662 · 0.75%
2022$20,069 · 0.79%
Similar plansHealth Care & Social Assistance · Maryland
Calmra, Inc. MD$2.7M · 0.03%
Bello Machre, Inc MD$2.7M · 0.12%
Creative Options, Inc. MD$2.5M · 1.25%
Theranostix, Inc. MD$2.4M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521586206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.