Plan Ledger DOL Form 5500 · updated monthly

Medical Clinic of Sealy401(k)

MEDICAL CLINIC OF SEALY 401(K) PLAN · SEALY, TX · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Medical Clinic of Sealy reported $121 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,376 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 1 year on file its reported administrative ratio fell from 0.012% to 0.005%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,768th of 5,688), and 9,698th of 11,911 in health care & social assistance. In 2023, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,418,776
Participants with balances54
Active participants35
Employer contributions$48,156
Employee contributions$105,530
Employer contribution per active participant$1,376
Average account balance$44,792
Benefits paid to participants$140,290
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 54 accts · $48K emplr
2022$2.0M · 125 accts · $84K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$121
Total administrative$121
The Medical Clinic of Sealy 401(k) match · 2023
Employer contribution per active participant$1,376
Median for plans this size$1,308
2023$1,376 per active participant
2022$2,993 per active participant

Medical Clinic of Sealy's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$121 · 0.01%
2022$268 · 0.01%
Similar plansHealth Care & Social Assistance · Texas
Proscribe, LLC TX$2.5M · 0.83%
Cathy Home Care LTD. TX$2.5M · 0.08%
Hospice of El Paso, Inc. TX$2.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760617995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.