Plan Ledger DOL Form 5500 · updated monthly

Avors Medical Group401(k)

AVORS MEDICAL GROUP 401(K) PROFIT SHARING PLAN · LANCASTER, CA · plan year 2024

Reported admin expense ratio · 2024
7.47%

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

Avors Medical Group reported $100,466 in plan administrative expenses for 2024: 7.47% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,234 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 1 year on file its reported administrative ratio rose from 1.29% to 7.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in California (8,586th of 9,483), and 743rd of 786 in management of companies. In 2024, the employer put in $4.95 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,414,550
Participants with balances69
Active participants62
Employer contributions$200,487
Employee contributions$40,542
Employer contribution per active participant$3,234
Average account balance$20,501
Benefits paid to participants$126,202
Plan auditUnmodified (clean) audit opinion
AuditorSOREN MCADAM LLP
Plan history2
Yearassets · accounts · employer contribution
2024$1.4M · 69 accts · $200K emplr
2023$1.3M · 107 accts · $201K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,709
Investment management$23,674
Audit (IQPA)$30,083
Total administrative$100,466
The Avors Medical Group 401(k) match · 2024
Employer contribution per active participant$3,234
Median for plans this size$1,313
2024$3,234 per active participant
2023$3,800 per active participant

Avors Medical Group's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20245
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$29,969
SOREN MCADAM LLP · Accounting / audit$30,083
DYNAMIC WEALTH ADVISORS · Investment advisory (plan)$23,674
THE RYDING COMPANY · Pension consulting$10,740
RELIANCE CUSTODY FEES · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$100,466 · 7.47%
2023$14,324 · 1.29%
Similar plansManagement of Companies · California
Newbasis, LLC CA$3.0M · 0.70%
Walker Advertising, LLC CA$1.8M · 0.27%
Hyatt Holding Corporation CA$1.6M · 0.59%
Wellness Innovation, LLC CA$1.0M · 0.49%
Choura Venue Services CA$621K · 1.23%
W Holdings LLC CA$596K · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261250331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.