Plan Ledger DOL Form 5500 · updated monthly

Bay Medical Management, LLC401(k)

BAY MEDICAL MANAGEMENT, LLC 401(K) PROFIT SHARING PLAN · WALNUT CREEK, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Bay Medical Management, LLC reported $217,049 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $15,541 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 0.12% to 0.11%. 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 555th-largest of 9,483 plans among California employers on file, and the 621st of 11,911 in health care & social assistance. In 2024, the employer put in $1.18 for every $1.00 employees contributed themselves; active participation has grown from 281 to 337 since 2022.

Plan summary
Net assets, end of year$208,626,506
Participants with balances416
Active participants337
Employer contributions$5,237,485
Employee contributions$4,428,767
Employer contribution per active participant$15,541
Average account balance$501,506
Benefits paid to participants$13,292,019
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$208.6M · 416 accts · $5.2M emplr
2023$181.4M · 380 accts · $5.1M emplr
2022$143.6M · 367 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,469
Investment management$116,580
Total administrative$217,049
The Bay Medical Management, LLC 401(k) match · 2024
Employer contribution per active participant$15,541
Median for plans this size$3,635
2024$15,541 per active participant
2023$16,861 per active participant
2022$16,937 per active participant

Bay Medical Management, LLC'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 · 20248
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$112,544
WEALTH ENHANCEMENT ADVISORY SE · Investment advisory (participants)$31,438
CAPITAL ADVANTAGE INC · Investment advisory (participants)$23,119
PACIFIC GLOBAL INVESTMENT MANA · Investment advisory (participants)$19,405
HARRY KEIR OXLEY DBA DOUBLE BA · Investment advisory (participants)$10,587
MORLING FINANCIAL ADVISORS LLC · Investment advisory (participants)$9,090
DESTINATION WEALTH MANAGEMENT · Investment advisory (participants)$8,226
CHARLES SCHWAB & CO., INC. · Securities brokerage$6,883

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$217,049 · 0.11%
2023$180,645 · 0.11%
2022$182,848 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · California
Satellite Healthcare, Inc. CA$230.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680423282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.