Plan Ledger DOL Form 5500 · updated monthly

Medical Associates Clinic, P.C.401(k)

MEDICAL ASSOCIATES CLINIC P. C. 401(K) PROFIT SHARING PLAN · DUBUQUE, IA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Medical Associates Clinic, P.C. reported $156,843 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $5,965 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 0.06% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 35th-largest of 878 plans among Iowa employers on file, and the 468th of 11,911 in health care & social assistance. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$320,422,259
Participants with balances1,397
Active participants1,103
Employer contributions$6,579,371
Employee contributions$7,912,918
Employer contribution per active participant$5,965
Average account balance$229,365
Benefits paid to participants$26,984,085
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$320.4M · 1,397 accts · $6.6M emplr
2023$294.1M · 1,379 accts · $5.3M emplr
2022$269.1M · 1,368 accts · $6.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,050
Trustee / custodial$100,487
Total administrative$156,843
The Medical Associates Clinic, P.C. 401(k) match · 2024
Employer contribution per active participant$5,965
Median for plans this size$4,294
2024$5,965 per active participant
2023$4,928 per active participant
2022$5,845 per active participant

Medical Associates Clinic, P.C.'s 2024 employer contribution ran above the $4,294 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 · 20245
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$11,386
STEELE CAPITAL MANAGEMENT INC · Investment advisory (participants) · Investment advisory (plan)$85,787
CAPFINANCIAL PARTNERS LLC DBA CAPTR$44,306
EIDE BAILLY LLP · Investment advisory (plan)$14,700

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Medical Associates Clinic, P.C. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$156,843 · 0.05%
2023$277,983 · 0.10%
2022$190,283 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Iowa Health System IA$3.3B · 0.07%
McFarland Clinic, P.C. IA$487.9M · 0.13%
Genesis Health System IA$344.6M · 0.11%
The Iowa Clinic, P.C. IA$328.9M · 0.18%
Mason City Clinic, P.C. IA$180.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421115442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.