Plan Ledger DOL Form 5500 · updated monthly

Kaizen Clinical Partners, Inc.401(k)

KAIZEN CLINICAL PARTNERS RETIREMENT PLAN · MCALLEN, TX · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Kaizen Clinical Partners, Inc. reported $50,450 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $4,374 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 0.02% to 0.41%. 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 2,625th-largest of 5,688 plans among Texas employers on file, and the 4,837th of 11,911 in health care & social assistance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$13,351,404
Participants with balances354
Active participants247
Employer contributions$1,080,256
Employee contributions$926,185
Employer contribution per active participant$4,374
Average account balance$37,716
Benefits paid to participants$2,113,569
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.4M · 354 accts · $1.1M emplr
2023$11.4M · 193 accts · $5K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,109
Investment management$2,341
Total administrative$50,450
The Kaizen Clinical Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$4,374
Median for plans this size$2,416
2024$4,374 per active participant
2023$41 per active participant

Kaizen Clinical Partners, 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$46,637

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

Administrative cost history2
2024$50,450 · 0.41%
2023$1,605 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Lifenet, Inc. TX$13.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863730345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.