Plan Ledger DOL Form 5500 · updated monthly

La Clinica de Familia, Inc.DC plan

LA CLINICA DE FAMILIA, INC. 401(K) EMPLOYEES' RETIREMENT PLAN & TRUST · LAS CRUCES, NM · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

La Clinica de Familia, Inc. reported $10,497 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,823 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 rose from 0.039% to 0.042%. 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 62nd-largest of 290 plans among New Mexico employers on file, and the 3,045th of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has shrunk from 758 to 539 since 2022.

Plan summary
Net assets, end of year$26,364,078
Participants with balances822
Active participants539
Employer contributions$982,632
Employee contributions$1,580,243
Employer contribution per active participant$1,823
Average account balance$32,073
Benefits paid to participants$3,051,946
Plan auditUnmodified (clean) audit opinion
AuditorSBNG, PC
Plan history3
Yearassets · accounts · employer contribution
2024$26.4M · 822 accts · $983K emplr
2023$23.7M · 901 accts · $811K emplr
2022$19.6M · 903 accts · $766K emplr
Employer contributions to the La Clinica de Familia, Inc. plan · 2024
Employer contribution per active participant$1,823
Median for plans this size$2,416
2024$1,823 per active participant
2023$1,565 per active participant
2022$1,011 per active participant

La Clinica de Familia, Inc.'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$14,021

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$10,497 · 0.04%
2023$9,206 · 0.04%
2022$8,146 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · New Mexico
Artesia General Hospital NM$21.5M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 850265533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.