Plan Ledger DOL Form 5500 · updated monthly

Medical Group of Beverly Hills, Inc.401(k)

MEDICAL GROUP OF BEVERLY HILLS, INC. 401(K) PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Medical Group of Beverly Hills, Inc. reported $63,255 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,360 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 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 715th-largest of 9,483 plans among California employers on file, and the 803rd of 11,911 in health care & social assistance. In 2024, employees put in $1.30 for every $1.00 the employer contributed; active participation has grown from 224 to 261 since 2022.

Plan summary
Net assets, end of year$146,658,069
Participants with balances323
Active participants261
Employer contributions$4,009,035
Employee contributions$5,221,181
Employer contribution per active participant$15,360
Average account balance$454,050
Benefits paid to participants$2,799,235
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$146.7M · 323 accts · $4.0M emplr
2023$122.2M · 296 accts · $4.0M emplr
2022$110.1M · 276 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,255
Total administrative$63,255
The Medical Group of Beverly Hills, Inc. 401(k) match · 2024
Employer contribution per active participant$15,360
Median for plans this size$3,635
2024$15,360 per active participant
2023$16,529 per active participant
2022$4,954 per active participant

Medical Group of Beverly Hills, Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$35,596
ASCENSUS HOLDINGS INC/FUTUREPLAN · Contract administrator$2,225

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

Administrative cost history3
2024$63,255 · 0.05%
2023$53,343 · 0.05%
2022$53,009 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · California
Grail, LLC CA$150.6M · 0.11%
Telecare Corporation CA$142.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954077334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.