Plan Ledger DOL Form 5500 · updated monthly

Medcentris401(k)

MEDCENTRIS 401(K) PLAN · HAMMOND, LA · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Medcentris reported $4,926 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,195 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (698th of 884), and 9,174th of 11,911 in health care & social assistance. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,106,568
Participants with balances200
Active participants276
Employer contributions$329,892
Employee contributions$581,931
Employer contribution per active participant$1,195
Average account balance$15,533
Benefits paid to participants$269,889
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$4,926
Total administrative$4,926
The Medcentris 401(k) match · 2022
Employer contribution per active participant$1,195
Median for plans this size$1,114

Medcentris's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,926 · 0.16%
Similar plansHealth Care & Social Assistance · Louisiana
Christwood LA$3.3M · 0.20%
Complete Home Health Inc. LA$3.1M · 0.06%
Bam Management Group, LLC LA$3.0M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460756703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.