Plan Ledger DOL Form 5500 · updated monthly

Medical Forefronts Management Solutions, LLC401(k)

MEDICAL FOREFRONTS MANAGEMENT SOLUTIONS, LLC 401(K) PLAN · AUSTIN, TX · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Medical Forefronts Management Solutions, LLC reported $26,474 in plan administrative expenses for 2023: 0.46% of average plan assets, below the peer median. Employer contributions averaged $2,538 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 0.68% to 0.46%. 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 (3,799th of 5,688), and 7,311th of 11,911 in health care & social assistance. In 2023, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,071,849
Participants with balances92
Active participants81
Employer contributions$205,595
Employee contributions$302,150
Employer contribution per active participant$2,538
Average account balance$65,998
Benefits paid to participants$686,924
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.1M · 92 accts · $206K emplr
2022$5.6M · 115 accts · $53K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,000
Investment management$21,474
Total administrative$26,474
The Medical Forefronts Management Solutions, LLC 401(k) match · 2023
Employer contribution per active participant$2,538
Median for plans this size$1,308
2023$2,538 per active participant
2022$611 per active participant

Medical Forefronts Management Solutions, LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,056
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,000

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

Administrative cost history2
2023$26,474 · 0.46%
2022$44,174 · 0.68%
Similar plansHealth Care & Social Assistance · Texas
Clarewood House, Inc. TX$6.0M · 0.05%
Dimmit Regional Hospital TX$6.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450625736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.