Plan Ledger DOL Form 5500 · updated monthly

California Medical Association401(k)

CALIFORNIA MEDICAL ASSOCIATION EMPLOYEES' RETIREMENT SAVINGS PLAN · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

California Medical Association reported $509 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,529 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 0.001% to 0.001%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,274th-largest of 9,483 plans among California employers on file, and the 588th of 3,341 in other services. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$37,095,047
Participants with balances194
Active participants113
Employer contributions$1,189,831
Employee contributions$993,819
Employer contribution per active participant$10,529
Average account balance$191,212
Benefits paid to participants$3,192,820
Plan auditUnmodified (clean) audit opinion
AuditorGILBERT GPAS
Plan history3
Yearassets · accounts · employer contribution
2024$37.1M · 194 accts · $1.2M emplr
2023$32.7M · 237 accts · $798K emplr
2022$27.0M · 226 accts · $740K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$509
Total administrative$509
The California Medical Association 401(k) match · 2024
Employer contribution per active participant$10,529
Median for plans this size$2,416
2024$10,529 per active participant
2023$6,999 per active participant
2022$6,723 per active participant

California Medical Association's 2024 employer contribution ran above the $2,416 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
WELLS FARGO ADVISORS LLC · Investment advisory (plan)$66,826
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$3,375

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$509 · 0.00%
2023$321 · 0.00%
2022$427 · 0.00%
Similar plansOther Services · California
Backblaze, Inc. CA$39.3M · 0.01%
Semi CA$37.8M · 0.02%
Team Public Choices, LLC CA$37.0M · 0.76%
Amerit Fleet Solutions CA$36.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 940359340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.