Plan Ledger DOL Form 5500 · updated monthly

Bass Medical Group, Inc.401(k)

BASS MEDICAL GROUP 401(K) PLAN I · WALNUT CREEK, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Bass Medical Group, Inc. reported $247,367 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $10,051 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 0.16% to 0.17%. 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 667th-largest of 9,483 plans among California employers on file, and the 756th of 11,911 in health care & social assistance. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves; active participation has grown from 861 to 999 since 2022.

Plan summary
Net assets, end of year$160,008,903
Participants with balances1,273
Active participants999
Employer contributions$10,041,065
Employee contributions$7,431,442
Employer contribution per active participant$10,051
Average account balance$125,694
Benefits paid to participants$6,821,321
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$160.0M · 1,273 accts · $10.0M emplr
2023$132.0M · 1,164 accts · $9.0M emplr
2022$99.0M · 1,026 accts · $8.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,498
Investment management$107,869
Total administrative$247,367
The Bass Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$10,051
Median for plans this size$3,635
2024$10,051 per active participant
2023$9,226 per active participant
2022$10,062 per active participant

Bass Medical Group, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$139,498
WEALTH PLAN PARTNER INC. · Consulting · Pension consulting$107,869

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$247,367 · 0.17%
2023$187,904 · 0.16%
2022$159,599 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · California
Redlands Community Hospital CA$173.8M · 0.04%
Memorialcare Medical Group CA$163.5M · 0.14%
Marshall Medical Center CA$160.7M · 0.16%
Aids Healthcare Foundation CA$158.6M · 0.13%
Humangood Norcal CA$157.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562605608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.