Plan Ledger DOL Form 5500 · updated monthly

Discovery Practice Management, Inc.401(k)

DISCOVERY BEHAVIORAL HEALTH 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Discovery Practice Management, Inc. reported $301,764 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $49 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 1.42% to 0.84%. 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 2,227th-largest of 9,483 plans among California employers on file, and the 2,321st of 11,911 in health care & social assistance. In 2024, employees put in $63.40 for every $1.00 the employer contributed; active participation has shrunk from 2,709 to 2,357 since 2022.

Plan summary
Net assets, end of year$38,053,455
Participants with balances3,091
Active participants2,357
Employer contributions$114,726
Employee contributions$7,273,908
Employer contribution per active participant$49
Average account balance$12,311
Benefits paid to participants$8,248,359
Plan auditUnmodified (clean) audit opinion
AuditorHOLTHOUSE CARLIN AND VAN TRIGT LLP
Plan history3
Yearassets · accounts · employer contribution
2024$38.1M · 3,091 accts · $115K emplr
2023$34.2M · 4,486 accts · $1.5M emplr
2022$23.5M · 3,774 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$291,764
Investment management$10,000
Total administrative$301,764
The Discovery Practice Management, Inc. 401(k) match · 2024
Employer contribution per active participant$49
Median for plans this size$2,416
2024$49 per active participant
2023$640 per active participant
2022$857 per active participant

Discovery Practice Management, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$169,022
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$92,714
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$40,028

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 history3
2024$301,764 · 0.84%
2023$375,877 · 1.30%
2022$318,488 · 1.42%
Same employer
Similar plansHealth Care & Social Assistance · California
Altais Health Solutions CA$38.8M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954628972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.