Plan Ledger DOL Form 5500 · updated monthly

Loma Linda University Faculty Medical GroupProfit-sharing plan

LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP MULTIPLE EMPLOYER RETIREMENT PLAN · LOMA LINDA, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Loma Linda University Faculty Medical Group reported $290,527 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $10,931 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 0.03% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 186th-largest of 9,483 plans among California employers on file, and the 263rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$699,897,264
Participants with balances7,608
Active participants3,932
Employer contributions$42,981,064
Employee contributions—
Employer contribution per active participant$10,931
Average account balance$91,995
Benefits paid to participants$37,387,368
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$699.9M · 7,608 accts · $43.0M emplr
2023$612.6M · 7,031 accts · $40.8M emplr
2022$516.5M · 6,715 accts · $37.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$158,507
Total administrative$290,527
Employer contributions to the Loma Linda University Faculty Medical Group plan · 2024
Employer contribution per active participant$10,931
Median for plans this size$4,294
2024$10,931 per active participant
2023$10,473 per active participant
2022$9,660 per active participant

Loma Linda University Faculty Medical Group's 2024 employer contribution ran above the $4,294 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 · 20246
T ROWE PRICE RPS INC · Recordkeeping · Trustee$158,507
MORTON CAPITAL MANAGEMENT LLC · Investment advisory (participants)$84,968
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$18,856
PARK CAPITAL GROUP INC · Investment advisory (participants)$11,533
ULRICH CONSULTING AND INVESTMENT · Investment advisory (participants)$11,230
CHARLES SCHWAB & CO., INC. · Securities brokerage$3,951

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$290,527 · 0.04%
2023$162,073 · 0.03%
2022$161,617 · 0.03%
All plans at this employer2
LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP MULTIPLE EMPLOYER RETIREMENT PLANProfit-sharing plan
LOMA LINDA UNIVERSITY FACULTY MEDICAL GROUP TSA PLAN403(b)
Similar plansHealth Care & Social Assistance · California
Delta Dental of California CA$723.2M · 0.04%
Huntington Memorial Hospital CA$619.7M · 0.12%
Valley Children's Hospital CA$611.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330672915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.