Plan Ledger DOL Form 5500 · updated monthly

Masoud Khorsand-Sahbaie, MD PA dba Kymera Independent Physicians401(k)

KYMERA INDEPENDENT PHYSICIANS 401(K) PLAN · ROSWELL, NM · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Masoud Khorsand-Sahbaie, MD PA dba Kymera Independent Physicians reported $54,203 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $2,279 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 0.02% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Mexico (162nd of 290), and 6,717th of 11,911 in health care & social assistance. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,334,633
Participants with balances141
Active participants102
Employer contributions$232,409
Employee contributions$354,591
Employer contribution per active participant$2,279
Average account balance$52,019
Benefits paid to participants$693,341
Plan auditUnmodified (clean) audit opinion
AuditorSJT GROUP, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 141 accts · $232K emplr
2023$6.9M · 234 accts · $223K emplr
2022$6.4M · 216 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,927
Investment management$20,276
Total administrative$54,203
The Masoud Khorsand-Sahbaie, MD PA dba Kymera Independent Physicians 401(k) match · 2024
Employer contribution per active participant$2,279
Median for plans this size$1,313
2024$2,279 per active participant
2023$2,186 per active participant
2022$2,340 per active participant

Masoud Khorsand-Sahbaie, MD PA dba Kymera Independent Physicians's 2024 employer contribution ran above the $1,313 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$33,927
WELLS FARGO ADVISORS · Investment advisory (plan)$20,276

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

Administrative cost history3
2024$54,203 · 0.76%
2023$41,802 · 0.63%
2022$1,139 · 0.02%
Similar plansHealth Care & Social Assistance · New Mexico
Hidalgo Medical Services NM$7.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900615053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.