Plan Ledger DOL Form 5500 · updated monthly

Facey Medical Group, a Medical Corporation401(k)

FACEY MEDICAL GROUP, A MEDICAL CORPORATION RETIREMENT SAVINGS PLAN · MISSION HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Facey Medical Group, a Medical Corporation reported $102,157 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $26,696 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 0.042%. 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 473rd-largest of 9,483 plans among California employers on file, and the 547th of 11,911 in health care & social assistance. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$253,808,359
Participants with balances324
Active participants239
Employer contributions$6,380,310
Employee contributions$4,557,809
Employer contribution per active participant$26,696
Average account balance$783,359
Benefits paid to participants$13,158,257
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$253.8M · 324 accts · $6.4M emplr
2023$227.1M · 320 accts · $6.2M emplr
2022$196.4M · 315 accts · $5.8M emplr
The Facey Medical Group, a Medical Corporation 401(k) match · 2024
Employer contribution per active participant$26,696
Median for plans this size$3,635
2024$26,696 per active participant
2023$26,645 per active participant
2022$25,844 per active participant

Facey Medical Group, a Medical Corporation'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$23,122
VANGUARD ADVISERS INC. · Investment advisory (participants)$79,035

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$102,157 · 0.04%
2023$94,081 · 0.04%
2022$89,547 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · California
Kpc Global Management, LLC CA$298.3M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954346241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.