Plan Ledger DOL Form 5500 · updated monthly

Graybill Medical Group, Inc.401(k)

GRAYBILL MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN · ESCONDIDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Graybill Medical Group, Inc. reported $89,572 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $15,199 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 0.31% to 0.19%. 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 1,737th-largest of 9,483 plans among California employers on file, and the 1,836th of 11,911 in health care & social assistance. In 2024, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,180,593
Participants with balances187
Active participants84
Employer contributions$1,276,702
Employee contributions$1,468,467
Employer contribution per active participant$15,199
Average account balance$273,693
Benefits paid to participants$3,418,230
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.2M · 187 accts · $1.3M emplr
2023$45.6M · 256 accts · $1.4M emplr
2022$36.7M · 268 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,360
Investment management$21
Total administrative$89,572
The Graybill Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$15,199
Median for plans this size$2,416
2024$15,199 per active participant
2023$16,650 per active participant
2022$14,580 per active participant

Graybill Medical Group, Inc.'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 · 20243
JOHN HANCOCK LIFE INSURANCE · Recordkeeping$2,306
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$59,297
BURNHAM GIBSON WEALTH ADVISORS · Investment advisory (participants)$17,109

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$89,572 · 0.19%
2023$133,686 · 0.33%
2022$122,452 · 0.31%
Similar plansHealth Care & Social Assistance · California
Lifelong Medical Care CA$52.1M · 0.34%
Fairchild Medical Center CA$51.4M · 0.08%
Vision Partners LLC CA$50.9M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953123703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.