Plan Ledger DOL Form 5500 · updated monthly

Head and Neck Associates of Orange County, Inc.401(k)

HEAD & NECK ASSOCIATES OF ORANGE COUNTY 401(K) PLAN · MISSION VIEJO, CA · plan year 2023

Reported admin expense ratio · 2023
0.86%

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

Head and Neck Associates of Orange County, Inc. reported $101,784 in plan administrative expenses for 2023: 0.86% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,897 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 1 year on file its reported administrative ratio rose from 0.78% to 0.86%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (4,868th of 9,483), and the 5,015th of 11,911 in health care & social assistance. In 2023, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$12,511,994
Participants with balances90
Active participants61
Employer contributions$603,710
Employee contributions$394,367
Employer contribution per active participant$9,897
Average account balance$139,022
Benefits paid to participants$1,248,097
Plan auditUnmodified (clean) audit opinion
AuditorREDWITZ, INC.
Plan history2
Yearassets · accounts · employer contribution
2023$12.5M · 90 accts · $604K emplr
2022$11.3M · 113 accts · $517K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$101,784
Total administrative$101,784
The Head and Neck Associates of Orange County, Inc. 401(k) match · 2023
Employer contribution per active participant$9,897
Median for plans this size$2,440
2023$9,897 per active participant
2022$10,142 per active participant

Head and Neck Associates of Orange County, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ECONOMIC GROUP PENSION SERVICES · Recordkeeping$9,429
LINCOLN NATIONAL CORPORATION · Contract administrator$27,020

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

Administrative cost history2
2023$101,784 · 0.86%
2022$100,469 · 0.78%
Similar plansHealth Care & Social Assistance · California
Casa de Las Campanas CA$12.7M · 0.02%
Integral Senior Living, LLC CA$12.6M · 2.10%
Vargo Physical Therapy Inc CA$12.5M · 0.31%
MD Revolution, Inc. CA$12.4M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953856252 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.