Plan Ledger DOL Form 5500 · updated monthly

Medbridge, Inc.401(k)

MEDBRIDGE, INC. 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Medbridge, Inc. reported $22,641 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $2,155 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 0.78% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Washington (1,158th of 1,714), and 2,237th of 3,091 in educational services. In 2024, employees put in $4.71 for every $1.00 the employer contributed; active participation has shrunk from 141 to 125 since 2022.

Plan summary
Net assets, end of year$8,338,048
Participants with balances174
Active participants125
Employer contributions$269,430
Employee contributions$1,267,967
Employer contribution per active participant$2,155
Average account balance$47,920
Benefits paid to participants$582,777
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 174 accts · $269K emplr
2023$6.2M · 171 accts · $230K emplr
2022$4.2M · 146 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,933
Investment management$10,708
Total administrative$22,641
The Medbridge, Inc. 401(k) match · 2024
Employer contribution per active participant$2,155
Median for plans this size$1,313
2024$2,155 per active participant
2023$1,420 per active participant
2022$1,337 per active participant

Medbridge, Inc.'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
PCS RETIREMENT LLC · Contract administrator · Pension consulting$11,933
NEWSQUARE CAPITAL, LLC · Investment advisory (plan) · Investment management$10,708

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$22,641 · 0.31%
2023$28,634 · 0.55%
2022$32,440 · 0.78%
Same employer
Similar plansEducational Services · Washington
The Bear Creek School WA$14.2M · 0.00%
Eastside Catholic School WA$13.9M · 0.66%
Bellevue Christian School WA$10.4M · 0.46%
Villa Academy WA$7.7M · 0.55%
Hamlin Robinson School WA$6.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463675059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.