Plan Ledger DOL Form 5500 · updated monthly

Foundation for Medical Care of Tulare & Kings Counties, In401(k)

FOUNDATION FOR MEDICAL CARE OF TULARE & KINGS COUNTIES, INC. 401(K) PROFIT SHARING PLAN · VISALIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Foundation for Medical Care of Tulare & Kings Counties, In reported $8,029 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,397 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 0.08%. 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 among the smaller plans on file in California (5,179th of 9,483), and the 5,413th of 11,911 in health care & social assistance. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,061,473
Participants with balances160
Active participants144
Employer contributions$345,175
Employee contributions$492,151
Employer contribution per active participant$2,397
Average account balance$69,134
Benefits paid to participants$989,999
Plan auditUnmodified (clean) audit opinion
AuditorM. GREEN AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 160 accts · $345K emplr
2023$10.2M · 191 accts · $517K emplr
2022$8.3M · 178 accts · $630K emplr
Administrative expenses, itemized · 2024
Investment management$8,029
Total administrative$8,029
The Foundation for Medical Care of Tulare & Kings Counties, In 401(k) match · 2024
Employer contribution per active participant$2,397
Median for plans this size$2,416
2024$2,397 per active participant
2023$3,312 per active participant
2022$4,283 per active participant

Foundation for Medical Care of Tulare & Kings Counties, In's 2024 employer contribution ran below the $2,416 median for plans its size. 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
STANDARD INSURANCE COMPANY · Claims processing · Recordkeeping$45,896
NAVIA BENEFIT SOLUTIONS · Investment advisory (plan)indirect comp

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$8,029 · 0.08%
2023$3,487 · 0.04%
2022$5,633 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · California
Essential Access Health CA$11.3M · 0.02%
Asian American Drug Abuse CA$11.3M · 0.90%
Berg Senior Services, LLC CA$10.8M · 0.03%
Swords to Plowshares CA$10.7M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941623803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.