Plan Ledger DOL Form 5500 · updated monthly

Medical Management Resource Group, LLC401(k)

AMERICAN VISION PARTNERS 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.44%

Medical Management Resource Group, LLC reported $302,501 in plan administrative expenses for 2024: 0.44% of average plan assets, higher than ~90% of peers. 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 rose from 0.41% to 0.44%. 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 145th-largest of 1,285 plans among Arizona employers on file, and the 1,416th of 11,911 in health care & social assistance. active participation has grown from 1,752 to 1,965 since 2022.

Plan summary
Net assets, end of year$71,578,381
Participants with balances2,072
Active participants1,965
Employer contributions—
Employee contributions$7,556,467
Employer contribution per active participant—
Average account balance$34,546
Benefits paid to participants$11,067,004
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.6M · 2,072 accts
2023$65.9M · 2,017 accts · $259K emplr
2022$57.5M · 1,813 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$302,501
Total administrative$302,501
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$302,302
CLIFTONLARSONALLEN LLP · Accounting / auditindirect comp
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$302,501 · 0.44%
2023$260,902 · 0.42%
2022$243,353 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Kingman Healthcare, Inc. AZ$113.7M · 0.19%
Creative Testing Solutions AZ$83.1M · 0.16%
Ironwood Physicians AZ$62.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030460264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.