The Philadelphia Hand Center, P.C.401(k)
THE PHILADELPHIA HAND CENTER, P. C. 401(K) PROFIT SHARING PLAN · KING OF PRUSSIA, PA · plan year 2022
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
The Philadelphia Hand Center, P.C. reported $43,414 in plan administrative expenses for 2022: 0.13% of average plan assets, below the peer median. Employer contributions averaged $9,363 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 1 year on file its reported administrative ratio rose from 0.13% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,165th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,734th of 11,911 in health care & social assistance. In 2022, employees put in $1.03 for every $1.00 the employer contributed.
The Philadelphia Hand Center, P.C.'s 2022 employer contribution ran above the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 231896300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.