Plan Ledger DOL Form 5500 · updated monthly

District Medical Group, Inc.401(k)

DISTRICT MEDICAL GROUP, INC. PROFIT SHARING AND 401(K) PLAN & TRUST · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

District Medical Group, Inc. reported $231,198 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $15,403 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 3 years on file its reported administrative ratio has held roughly steady near 0.082%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 53rd-largest of 1,285 plans among Arizona employers on file, and the 487th of 11,911 in health care & social assistance. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$300,343,077
Participants with balances1,139
Active participants780
Employer contributions$12,014,489
Employee contributions$9,931,408
Employer contribution per active participant$15,403
Average account balance$263,690
Benefits paid to participants$23,035,853
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$300.3M · 1,139 accts · $12.0M emplr
2023$265.9M · 1,096 accts · $10.5M emplr
2022$235.7M · 1,076 accts · $9.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,089
Investment management$109,789
Audit (IQPA)$5,250
Total administrative$231,198
The District Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$15,403
Median for plans this size$4,294
2024$15,403 per active participant
2023$13,183 per active participant
2022$12,562 per active participant

District Medical Group, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20246
T ROWE PRICE RPS INC · Recordkeeping · Trustee$96,089
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$109,789
REDW WEALTH LLC · Investment advisory (participants)$9,880
PHYSICIAN WEALTH SOLUTIONS INC · Investment advisory (participants)$5,761
CBIZ CPAS P.C. · Accounting / audit$5,250
CHARLES SCHWAB & CO., INC. · Securities brokerage$363

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$231,198 · 0.08%
2023$234,344 · 0.09%
2022$201,157 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Phoenix Children's Hospital AZ$691.1M · 0.06%
Vitalant AZ$428.6M · 0.13%
Tmc Healthcare AZ$379.4M · 0.15%
Usn Opco, LLC AZ$260.9M · 0.03%
Yuma Regional Medical Center AZ$180.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208106540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.