Plan Ledger DOL Form 5500 · updated monthly

Advantmed, LLC401(k)

ADVANTMED 401(K) AND PROFIT SHARING PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Advantmed, LLC reported $8,388 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $3 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 4 years on file its reported administrative ratio fell from 0.68% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (8,453rd of 9,483), and 2,008th of 2,534 in administrative & support services. In 2024, employees put in $506.37 for every $1.00 the employer contributed; active participation has shrunk from 457 to 213 since 2020.

Plan summary
Net assets, end of year$1,682,644
Participants with balances130
Active participants213
Employer contributions$704
Employee contributions$356,481
Employer contribution per active participant$3
Average account balance$12,943
Benefits paid to participants$187,337
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 130 accts · $704 emplr
2022$793K · 41 accts
2020$844K · 45 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,388
Total administrative$8,388
The Advantmed, LLC 401(k) match · 2024
Employer contribution per active participant$3
Median for plans this size$1,313

Advantmed, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$8,388 · 0.55%
2022$908 · 0.09%
2020$4,937 · 0.68%
Same employer
Similar plansAdministrative & Support Services · California
So Cal Sanitation LLC CA$1.8M · 0.82%
Elevated Resources Inc CA$1.8M · 0.72%
Ursus Inc CA$1.6M · 1.34%
One Silver Serve, Inc. CA$1.5M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320453942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.