Industries › Health care and social assistance
Industry · Form 5500 business code 621340
Offices of Physical, Occupational & Speech Therapists, & Audiologists: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
149 retirement plans in offices of physical, occupational & speech therapists, & audiologists with 100 or more participants filed Form 5500 for plan year 2024 (149 defined contribution, 0 defined benefit). All Form 5500 pension filers in the group reported 169,391 participant records and $3.71B in net assets.
The median defined contribution plan held $23,301 per participant, well below the national median of $53,031, and its employer put in $841 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $95.01 per participant against $123 nationally.
Employers contributed $73.2M and participants $322M during the year, and the plans paid out $397M in benefits.
In 2009 the same group numbered 130 plans with $522M; by 2024 it was 149 plans (up 15%) and $3.71B (up 611%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $23,301 | $53,031 | — | $86,234 |
| Employer contributions per active participant | $841 | $2,174 | — | $10,244 |
| Schedule C compensation per participant | $95.01 | $123 | — | $344 |
| Schedule C compensation, share of net assets | 0.42% | 0.26% | — | 0.42% |
| Administrative expenses per participant | $85.06 | $116 | — | $527 |
Medians across plans with 100 or more participants (140 DC and 0 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $11,598 | $23,301 | $37,272 | 140 |
| Employer contributions per active participant | $329 | $841 | $1,726 | 130 |
| Schedule C compensation per participant | $53.15 | $95.01 | $159 | 127 |
| Administrative expenses per participant | $47.66 | $85.06 | $153 | 137 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 23 | 18,501 | $430M | $9.5M | $26.9M | $31,444 | $94.68 |
| 2024 | 149 | 169,391 | $3.71B | $73.2M | $322M | $23,301 | $95.01 |
| 2023 | 146 | 161,839 | $3.22B | $67.4M | $287M | $21,673 | $79.26 |
| 2022 | 164 | 147,542 | $2.66B | $63.3M | $276M | $18,426 | $83.27 |
| 2021 | 165 | 142,091 | $3.18B | $55.2M | $247M | $24,195 | $81.44 |
| 2020 | 170 | 134,756 | $2.72B | $46.2M | $211M | $23,148 | $78.68 |
| 2019 | 169 | 125,439 | $2.23B | $52.8M | $204M | $18,379 | $67.76 |
| 2018 | 158 | 111,533 | $1.65B | $40.6M | $174M | $15,956 | $61.40 |
| 2017 | 161 | 112,896 | $1.73B | $37.4M | $155M | $17,247 | $43.82 |
| 2016 | 150 | 99,971 | $1.38B | $34.7M | $136M | $15,535 | $44.81 |
| 2015 | 155 | 87,173 | $1.23B | $30.5M | $117M | $15,616 | $50.93 |
| 2014 | 161 | 87,452 | $1.29B | $27.4M | $111M | $15,820 | $45.40 |
| 2013 | 147 | 79,786 | $1.14B | $25.6M | $98.9M | $15,183 | $41.82 |
| 2012 | 145 | 72,214 | $936M | $24.4M | $91.4M | $13,523 | $36.24 |
| 2011 | 142 | 66,217 | $749M | $22.0M | $81.3M | $12,012 | $30.51 |
| 2010 | 140 | 64,513 | $676M | $21.3M | $73.3M | $11,923 | $30.88 |
| 2009 | 130 | 61,431 | $522M | $15.7M | $65.6M | $11,087 | $22.99 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 150 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 150 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| The Stepping Stones Group Retirement Plan | Stepping Stones Healthcare Services, LLC | MA | DC | 18,716 | $104M | $5,558 | $0 | $45.70 |
| Select Rehabilitation, LLC 401(k) Plan and Trust | Select Rehabilitation, LLC | IL | DC | 17,263 | $279M | $16,153 | $0 | $7.73 |
| Athletico, Ltd. Employees Profit Sharing Plan | Athletico, Ltd. | IL | DC | 11,886 | $410M | $34,517 | $582 | $33.58 |
| Ati Holdings, LLC 401(k) Profit Sharing Plan | Ati Holdings, LLC | IL | DC | 8,120 | $274M | $33,791 | $803 | $69.50 |
| Reliant Pro Rehab, LLC Retirement Plan | Reliant Pro Rehab, LLC | TX | DC | 7,866 | $49.0M | $6,234 | $87 | $32.61 |
| PT Solutions Holdings, LLC 401(k) Plan | PT Solutions Holdings, LLC | GA | DC | 5,924 | $65.4M | $11,043 | $2 | $60.40 |
| U.S. Physical Therapy, Inc. 401(k) Salary Savings Plan | U.S. Physical Therapy, Inc. | TX | DC | 3,902 | $104M | $26,770 | — | $58.76 |
| Hartford Healthcare 401(k) Retirement Savings Plan | Hartford Healthcare Corporation | CT | DC | 3,477 | $147M | $42,157 | $1,767 | $68.87 |
| U.S. Physical Therapy, Inc. 401(k) Platinum Plan | U.S. Physical Therapy, Inc. | TX | DC | 3,215 | $92.3M | $28,699 | $795 | $60.89 |
| Prnpt 401(k) Plan | Healthcare Employee Services, LLC / Physical Rehabilitation Network | TX | DC | 3,045 | $46.3M | $15,212 | $0 | $100 |
| Therapeutic Alternatives Inc. 401(k) Plan | Therapeutic Alternatives Inc. | NC | DC | 3,041 | $2.5M | $812 | $29 | $5.11 |
| Legacy Healthcare Services, Inc. 401(k) Plan | Legacy Healthcare Services, Inc. | NC | DC | 2,747 | $38.9M | $14,161 | $281 | $54.29 |
| Nobis Rehab Partners 401(k) Savings Plan | Nobis Rehabilitation Partners, LLC | TX | DC | 2,507 | $9.6M | $3,838 | — | $93.88 |
| Empowerme Wellness Retirement Savings Plan | Empowerme Holdings, LLC | MO | DC | 2,490 | $52.6M | $21,114 | $1,254 | $154 |
| Team Rehabilitation 401(k) Plan | Team Rehabilitation Services LLC | MI | DC | 2,263 | $77.0M | $34,009 | $1,590 | $54.00 |
| Cora Health Services Retirement Salary Savings Plan | Cora Health Services, Inc. | OH | DC | 2,183 | $36.4M | $16,690 | $1 | $150 |
| Jag - One Physical Therapy 401(k) Profit Sharing Plan and Trust | Jag - One Intermediate Holdings | NJ | DC | 2,075 | $31.9M | $15,363 | $758 | $5.80 |
| Symbria 401(k) Plan | Symbria, Inc. | IL | DC | 1,991 | $52.9M | $26,591 | — | $67.03 |
| TMC 401(k) Retirement Savings Plan | Therapy Management Corporation | FL | DC | 1,905 | $46.5M | $24,434 | $605 | $130 |
| Alliance Physical Therapy Group, LLC 401(k) Plan | Alliance Physical Therapy Group, LLC | MI | DC | 1,786 | $40.4M | $22,634 | $741 | $72.63 |
| The Communications Group 401(k) Plan | The Speech Pathology Group, Inc. | CA | DC | 1,756 | $37.6M | $21,424 | $769 | $115 |
| Therapeutic Associates, Inc. Profit Sharing and Employee Savings Benefit Plan | Therapeutic Associates, Inc. | WA | DC | 1,507 | $143M | $94,662 | $2,709 | $72.13 |
| Mountain Land Rehabilitation 401(k) Plan | Mountain Land Rehabilitation, LLC | UT | DC | 1,435 | $19.7M | $13,711 | $462 | $61.86 |
| Golden Bear Physical Therapy Sports Injury Center, Inc. 401(k) Plan | Golden Bear Physical Therapy Sports Injury Center, Inc. | CA | DC | 1,413 | $30.5M | $21,564 | $1,541 | $74.76 |
| Encore Rehabilitation, Inc. 401(k) Plan | Encore Rehabilitation, Inc. | AL | DC | 1,399 | $47.6M | $34,036 | $186 | $95.01 |
| Premere Rehab, LLC 401(k) Plan | Premere Rehab, LLC | OR | DC | 1,316 | $49.5M | $37,605 | $310 | $116 |
| Combined Wellness 401(k) Profit Sharing Plan | Combined Wellness Acquisition Co. and Subsidiaries | MA | DC | 1,237 | $30.8M | $24,897 | $884 | $43.60 |
| U.S. Physical Therapy, Inc. 401(k) Gold Plan | U.S. Physical Therapy, Inc. | TX | DC | 1,207 | $43.4M | $35,930 | $439 | $83.75 |
| Theracare 401(k) Savings Plan | Theracare of New York, Inc. | NY | DC | 1,189 | $29.8M | $25,061 | $4 | $200 |
| Pediatrics Plus Therapy Servic 401(k) Profit Sharing Plan & Trust | Pediatrics Plus Therapy Servic | AR | DC | 1,163 | $0 | — | $207 | $45.72 |
| Stein & Associates, LLC 401(k) Profit Sharing Plan | Stein & Associates, LLC | AR | DC | 1,150 | $49.8M | $43,293 | $999 | $135 |
| Premier Therapy LLC Employees' 401(k) Plan | Premier Therapy LLC | PA | DC | 1,136 | $20.2M | $17,758 | $227 | $125 |
| Vocational Development Group, LLC 401(k) Profit Sharing Plan and Trust | Vocational Development Group, LLC DBA Inbloom Autism Services | FL | DC | 1,127 | $4.3M | $3,821 | $418 | $4,645 |
| Phoenix Rehabilitation and Health Services, Inc. 401(k) Plan | Phoenix Rehabilitation and Health Services, Inc. | PA | DC | 1,068 | $46.2M | $43,214 | $1,870 | $47.66 |
| SA Holding Company, Inc. 401(k) Plan | SA Holding Company, Inc. | MS | DC | 1,061 | $8.3M | $7,819 | $115 | $72.88 |
| Rehabvisions 401(k) Plan | National Therapeutic Associates, Inc. | NE | DC | 1,010 | $46.3M | $45,826 | $457 | $122 |
| Spear Physical Therapy PLLC 401(k) Plan | Spear Physical Therapy PLLC | NY | DC | 994 | $15.3M | $15,398 | $648 | $52.62 |
| United Cerebral Palsy of Central Pennsylvania, Inc. 403(b) DC Plan | United Cerebral Palsy of Central Pennsylvania | PA | DC | 962 | $9.5M | $9,845 | $327 | $10.81 |
| Progressivehealth 401(k) Plan | Progressivehealth Rehabilitation, Inc. | IN | DC | 943 | $34.6M | $36,693 | $1,065 | $169 |
| Concept Rehab, Inc. 401(k) Plan | Concept Rehab, Inc. | OH | DC | 942 | $36.4M | $38,623 | $242 | $136 |
By plan size
By state
Questions and answers
How many retirement plans are there in offices of physical, occupational & speech therapists, & audiologists?
149 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 286 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in offices of physical, occupational & speech therapists, & audiologists?
The median defined contribution plan reported $23,301 in net assets per participant (middle half of plans: $11,598 to $37,272); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in offices of physical, occupational & speech therapists, & audiologists?
The median defined contribution plan received $841 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in offices of physical, occupational & speech therapists, & audiologists?
Among defined contribution plans that report any Schedule C compensation, the median was $95.01 per participant and 0.42% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.