Plan Ledger DOL Form 5500 · updated monthly

Amen Clinics, Inc.401(k)

AMEN CLINICS, INC. 401(K) PLAN · COSTA MESA, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Amen Clinics, Inc. reported $2,653 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $390 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 2 years on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,327th of 9,483), and 6,864th of 11,911 in health care & social assistance. In 2024, employees put in $7.15 for every $1.00 the employer contributed; active participation has grown from 278 to 319 since 2022.

Plan summary
Net assets, end of year$7,011,563
Participants with balances349
Active participants319
Employer contributions$124,498
Employee contributions$890,628
Employer contribution per active participant$390
Average account balance$20,090
Benefits paid to participants$320,263
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 349 accts · $124K emplr
2023$5.4M · 303 accts · $172K emplr
2022$3.7M · 259 accts · $102K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,653
Total administrative$2,653
The Amen Clinics, Inc. 401(k) match · 2024
Employer contribution per active participant$390
Median for plans this size$1,313
2024$390 per active participant
2023$600 per active participant
2022$366 per active participant

Amen Clinics, Inc.'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.

Service providers · 20244
THE BALDWIN GROUP WEALTH ADV LLC · Investment advisory (plan)$28,809
HICKS PENSION SERVICES · Contract administrator$2,875
EMPOWER ADVISORY GROUP · Investment management$2,545

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

Administrative cost history3
2024$2,653 · 0.04%
2023$1,268 · 0.03%
2022$1,100 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · California
Cap Diagnostics LLC CA$7.0M · 0.44%
Channing House CA$7.0M · 0.90%
Predicine, Inc. CA$6.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912055998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.