Plan Ledger DOL Form 5500 · updated monthly

Harvard Eye Associates, a Medica401(k)

HARVARD EYE ASSOCIATES 401(K) PROFIT SHARING PLAN · LAGUNA HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Harvard Eye Associates, a Medica reported $22,921 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,785 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 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,802nd of 9,483), and 6,138th of 11,911 in health care & social assistance. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has shrunk from 108 to 97 since 2022.

Plan summary
Net assets, end of year$8,773,289
Participants with balances125
Active participants97
Employer contributions$270,107
Employee contributions$613,173
Employer contribution per active participant$2,785
Average account balance$70,186
Benefits paid to participants$1,690,450
Plan auditUnmodified (clean) audit opinion
AuditorLSL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 125 accts · $270K emplr
2023$8.3M · 127 accts · $293K emplr
2022$6.1M · 121 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,161
Investment management$18,760
Total administrative$22,921
The Harvard Eye Associates, a Medica 401(k) match · 2024
Employer contribution per active participant$2,785
Median for plans this size$1,313
2024$2,785 per active participant
2023$2,787 per active participant
2022$2,430 per active participant

Harvard Eye Associates, a Medica's 2024 employer contribution ran above the $1,313 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 · 20245
SEIA LLC · Recordkeeping · Pension consulting$11,073
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$7,687
ADP, INC. · Loan processing · Recordkeeping$4,161
ADP BROKER-DEALERindirect 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
2024ADP, Morgan Stanley, SEIA LLC
2023ADP, SEIA LLC

This plan has changed recordkeepers within these filings. If you left Harvard Eye Associates, a Medica before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,921 · 0.27%
2023$38,730 · 0.54%
2022$18,481 · 0.28%
Similar plansHealth Care & Social Assistance · California
Homebridge, Inc. CA$8.8M · 0.08%
The Super Dentists, Inc. CA$8.7M · 0.37%
Jane Technologies Inc. CA$8.7M · 0.05%
Rubicon Programs, Inc. CA$8.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953873981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.