Plan Ledger DOL Form 5500 · updated monthly

California Medical Business Services, LLC401(k)

CMBS PROFIT SHARING 401(K) PLAN · ARCADIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

California Medical Business Services, LLC reported $183,570 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $4,857 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 0.36% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,858th-largest of 9,483 plans among California employers on file, and the 1,971st of 11,911 in health care & social assistance. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$47,087,281
Participants with balances392
Active participants287
Employer contributions$1,394,026
Employee contributions$1,359,250
Employer contribution per active participant$4,857
Average account balance$120,121
Benefits paid to participants$2,884,081
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.1M · 392 accts · $1.4M emplr
2023$41.0M · 390 accts · $1.5M emplr
2022$37.8M · 385 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,878
Investment management$144,700
Total administrative$183,570
The California Medical Business Services, LLC 401(k) match · 2024
Employer contribution per active participant$4,857
Median for plans this size$2,416
2024$4,857 per active participant
2023$5,087 per active participant
2022$5,429 per active participant

California Medical Business Services, LLC'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
MILLIMAN, INC. · Recordkeeping · Consulting$28,878
BURNHAM GIBSON FINANCIAL GROUP INC. · Investment advisory (plan)$62,245

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$183,570 · 0.42%
2023$150,835 · 0.38%
2022$148,882 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · California
Interface Rehab, Inc. CA$47.8M · 0.38%
Child Care Resource Center CA$47.4M · 0.02%
Momentum for Health CA$47.3M · 0.49%
Hoag Medical Group, Inc. CA$46.8M · 0.30%
Kabafusion Holdings, L.L.C. CA$45.4M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454468735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.