Plan Ledger DOL Form 5500 · updated monthly

Marana Health Center, Inc.403(b)

MARANA HEALTH CENTER, INC. 403B PLAN · MARANA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Marana Health Center, Inc. reported $125,331 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,568 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 fell from 0.53% to 0.43%. 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 272nd-largest of 1,285 plans among Arizona employers on file, and the 2,715th of 11,911 in health care & social assistance. In 2024, employees put in $2.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,786,869
Participants with balances816
Active participants740
Employer contributions$1,160,317
Employee contributions$3,289,056
Employer contribution per active participant$1,568
Average account balance$37,729
Benefits paid to participants$5,081,337
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.8M · 816 accts · $1.2M emplr
2023$27.6M · 812 accts · $661K emplr
2022$24.3M · 775 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Investment management$125,331
Total administrative$125,331
Employer contributions to the Marana Health Center, Inc. plan · 2024
Employer contribution per active participant$1,568
Median for plans this size$2,416
2024$1,568 per active participant
2023$891 per active participant
2022$1,758 per active participant

Marana Health Center, 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 · 20243
NEWPORT GROUP, INC. · Recordkeeping · Trustee$74,013
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$28,465
NORTON RETIREMENT SERVICES,INC. · Contract administrator$22,722

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$125,331 · 0.43%
2023$60,619 · 0.23%
2022$113,544 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Genesis Ob/Gyn, P.C. AZ$32.7M · 0.35%
Community Bridges, Inc. AZ$30.7M · 0.09%
Valley Ent, P.C. AZ$29.5M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 866053462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.