Plan Ledger DOL Form 5500 · updated monthly

Medical Priority Consultants, Inc.401(k)

MEDICAL PRIORITY CONSULTANTS 401(K) PLAN · SALT LAKE CITY, UT · plan year 2025

Reported admin expense ratio · 2025
0.40%

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

Medical Priority Consultants, Inc. reported $130,679 in plan administrative expenses for 2025: 0.40% of average plan assets, above the peer median. Employer contributions averaged $6,070 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 4 years on file its reported administrative ratio has held roughly steady near 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other educational services employers. By assets it is the 197th-largest of 848 plans among Utah employers on file, and the 1,153rd of 3,091 in educational services. In 2025, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 197 to 264 since 2022.

Plan summary
Net assets, end of year$35,904,466
Participants with balances308
Active participants264
Employer contributions$1,602,548
Employee contributions$2,532,490
Employer contribution per active participant$6,070
Average account balance$116,573
Benefits paid to participants$1,888,959
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLP
Plan history4
Yearassets · accounts · employer contribution
2025$35.9M · 308 accts · $1.6M emplr
2024$28.7M · 292 accts · $1.5M emplr
2023$24.2M · 270 accts · $1.3M emplr
2022$18.2M · 238 accts · $1.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$52,555
Investment management$78,124
Total administrative$130,679
The Medical Priority Consultants, Inc. 401(k) match · 2025
Employer contribution per active participant$6,070
Median for plans this size$2,666
2025$6,070 per active participant
2024$5,780 per active participant
2023$5,336 per active participant
2022$5,165 per active participant

Medical Priority Consultants, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
SOLTIS INVESTMENT ADVISORS LLC · Investment advisory (plan)$78,124
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,555

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

Administrative cost history4
2025$130,679 · 0.40%
2024$103,653 · 0.39%
2023$110,589 · 0.52%
2022$82,138 · 0.39%
Same employer
Similar plansEducational Services · Utah
Westminster University UT$86.7M · 0.14%
Waterford Institute, Inc. UT$31.3M · 0.18%
Vitalsmarts, Lc UT$22.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870447422 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.