Plan Ledger DOL Form 5500 · updated monthly

Medf Physicians Corp.403(b)

MEDF PHYSICIANS CORP. VOLUNTARY TAX DEFERRED ANNUITY PLAN · COLDWATER, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Medf Physicians Corp. reported $9,961 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $272 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 0.086%. 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 among the smaller plans on file in Ohio (1,739th of 3,295), and the 4,905th of 11,911 in health care & social assistance. In 2024, employees put in $20.41 for every $1.00 the employer contributed; active participation has grown from 154 to 197 since 2022.

Plan summary
Net assets, end of year$13,020,852
Participants with balances155
Active participants197
Employer contributions$53,564
Employee contributions$1,093,039
Employer contribution per active participant$272
Average account balance$84,005
Benefits paid to participants$226,079
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 155 accts · $54K emplr
2023$10.2M · 147 accts · $51K emplr
2022$7.4M · 128 accts · $37K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$333
Investment management$9,628
Total administrative$9,961
Employer contributions to the Medf Physicians Corp. plan · 2024
Employer contribution per active participant$272
Median for plans this size$2,416
2024$272 per active participant
2023$305 per active participant
2022$239 per active participant

Medf Physicians Corp.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$623
MESIROW FINANCIAL INVESTMENT MNGMT · Investment advisory (participants) · Investment advisory (plan)$7,276

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$9,961 · 0.09%
2023$7,495 · 0.08%
2022$6,477 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Compass Health Brands Corp OH$13.3M · 0.06%
I Am Boundless, Inc. OH$13.3M · 1.12%
The Nord Center OH$13.0M · 0.88%
Beech Brook OH$12.9M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341957399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.