Precision Medicine Group, LLC 401(k) Review & Grade
Precision Medicine Group 401(k) Plan
Bethesda, MDProfessional, Scientific & Technical Services2,228 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,159Employer $ per active participant
$9,769Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$230.7MNet plan assets, end of year
$88,283Average balance per account
Score breakdown
- Employer generosity32.7 / 5065th percentile for employer $ per participant
- Low cost16.2 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving8.5 / 1557th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score57 / 100 · Grade C
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 65th |
| Lower admin cost | 65th |
| Employee saving | 57th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $14,769 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Precision Medicine Group put in about $4,159 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $9,267,513 |
| Participant (employee) contributions | $21,771,050 |
| Other contributions (incl. rollovers in) | $5,154,080 |
| Administrative expenses paid from the plan | $302,425 |
| Contract administrator fees | $242,571 |
| Investment advisory & management fees | $59,854 |
| Benefits paid out | $28,098,946 |
| Net assets, start / end of year | $198.4M / $230.7M |
| Active participants, start / end of year | 2,283 / 2,174 |
| Participants with account balances | 2,613 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cbiz Cpas P. C. |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $242,571 reported compensation |
| Kestra Advisory Services, LLC | $60,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009113731NAL0006517793001, received 2025-10-09, EIN 45-2969432, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.