Plan Ledger DOL Form 5500 · updated monthly

MD Imaging Inc.401(k)

MD IMAGING, INC. 401(K) PROFIT SHARING PLAN · REDDING, CA · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

MD Imaging Inc. reported $91,925 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $6,336 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 3 years on file its reported administrative ratio has held roughly steady near 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,493rd-largest of 9,483 plans among California employers on file, and the 2,570th of 11,911 in health care & social assistance. In 2023, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$33,093,692
Participants with balances136
Active participants98
Employer contributions$620,954
Employee contributions$612,020
Employer contribution per active participant$6,336
Average account balance$243,336
Benefits paid to participants$4,206,778
Plan auditUnmodified (clean) audit opinion
AuditorDH SCOTT & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6K · 2 accts · $5K emplr
2023$33.1M · 136 accts · $621K emplr
2022$29.9M · 153 accts · $619K emplr
Administrative expenses, itemized · 2023
Investment management$91,925
Total administrative$91,925
The MD Imaging Inc. 401(k) match · 2023
Employer contribution per active participant$6,336
Median for plans this size$2,440
2023$6,336 per active participant
2022$6,724 per active participant

MD Imaging Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PARALLEL ADVISORS LLC · Investment advisory (participants)$58,274
SCHWAB RETIREMENT PLAN SERVICES INC · Investment advisory (participants)$33,651
CHARLES SCHWAB & CO., INC. · Securities brokerage$1,931

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$55,089 · 0.33%
2023$91,925 · 0.29%
2022$105,827 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · California
By the Bay Health CA$34.2M · 0.05%
Wu Yee Children's Services CA$33.8M · 0.22%
International Medical Corps CA$32.9M · 0.11%
Sbcs CA$32.5M · 0.29%
Thekey CA$32.3M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680335826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.