Plan Ledger DOL Form 5500 · updated monthly

Argus Management Company LLC401(k)

PROHEALTH PARTNERS/ARGUS MEDICAL MANAGEMENT 401(K) RETIREMENT SAVINGS PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Argus Management Company LLC reported $87,675 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,227 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 fell from 0.19% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,568th-largest of 9,483 plans among California employers on file, and the 1,657th of 11,911 in health care & social assistance. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 604 to 677 since 2022.

Plan summary
Net assets, end of year$58,244,426
Participants with balances587
Active participants677
Employer contributions$1,507,419
Employee contributions$2,512,797
Employer contribution per active participant$2,227
Average account balance$99,224
Benefits paid to participants$4,918,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.2M · 587 accts · $1.5M emplr
2023$49.6M · 470 accts · $1.9M emplr
2022$43.0M · 449 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,675
Investment management$50,000
Audit (IQPA)$11,000
Total administrative$87,675
The Argus Management Company LLC 401(k) match · 2024
Employer contribution per active participant$2,227
Median for plans this size$3,635
2024$2,227 per active participant
2023$3,152 per active participant
2022$2,408 per active participant

Argus Management Company LLC's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20243
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$50,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,034
PENSION ASSURANCE LLP · Accounting / audit$11,000

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$87,675 · 0.16%
2023$64,876 · 0.14%
2022$88,228 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · California
Neighborhood Healthcare CA$59.3M · 0.18%
Unio Health Partners, LLC CA$59.0M · 0.09%
Seneca Family of Agencies CA$58.7M · 0.11%
Veracyte, Inc. CA$58.6M · 0.07%
Ole Health CA$58.0M · 0.39%
Donor Network West CA$57.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954518318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.