Plan Ledger DOL Form 5500 · updated monthly

Medical Guardian, LLC401(k)

MEDICAL GUARDIAN, LLC 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Medical Guardian, LLC reported $23,998 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,246 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 0.64% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Pennsylvania (2,677th of 3,651), and 1,755th of 2,199 in information & media. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 296 to 370 since 2022.

Plan summary
Net assets, end of year$6,616,847
Participants with balances184
Active participants370
Employer contributions$460,859
Employee contributions$912,617
Employer contribution per active participant$1,246
Average account balance$35,961
Benefits paid to participants$888,508
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 184 accts · $461K emplr
2023$5.4M · 152 accts · $370K emplr
2022$4.0M · 138 accts · $292K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,998
Total administrative$23,998
The Medical Guardian, LLC 401(k) match · 2024
Employer contribution per active participant$1,246
Median for plans this size$1,313
2024$1,246 per active participant
2023$1,204 per active participant
2022$987 per active participant

Medical Guardian, LLC's 2024 employer contribution ran below the $1,313 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$23,998

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$23,998 · 0.40%
2023$21,696 · 0.46%
2022$21,129 · 0.64%
Same employer
Similar plansInformation & Media · Pennsylvania
Digital Grapes, LLC PA$7.4M · 0.99%
Forever Media, Inc. PA$7.0M · 0.07%
Guru Technologies, Inc. PA$6.2M · 0.53%
Ionos Inc. PA$5.9M · 0.46%
Moderne Glass Co., Inc. PA$5.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203897037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.