Plan Ledger DOL Form 5500 · updated monthly

Medical Provider Staffing Services, PLLC401(k)

NEXTCARE PROVIDERS 401(K) PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Medical Provider Staffing Services, PLLC reported $177,789 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $893 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 rose from 0.45% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 243rd-largest of 1,285 plans among Arizona employers on file, and the 2,355th of 11,911 in health care & social assistance. In 2024, employees put in $7.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,384,036
Participants with balances509
Active participants505
Employer contributions$451,008
Employee contributions$3,604,851
Employer contribution per active participant$893
Average account balance$73,446
Benefits paid to participants$3,302,690
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 509 accts · $451K emplr
2023$32.6M · 473 accts · $439K emplr
2022$26.6M · 465 accts · $460K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,518
Investment management$49,487
Total administrative$177,789
The Medical Provider Staffing Services, PLLC 401(k) match · 2024
Employer contribution per active participant$893
Median for plans this size$2,416
2024$893 per active participant
2023$931 per active participant
2022$911 per active participant

Medical Provider Staffing Services, PLLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,424
BAYNTREE WEALTH ADVISORS, LLC · Investment advisory (participants)$36,495
ALLIANT RETIREMENT SERVICES, INC. · Investment advisory (participants)$12,992

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$177,789 · 0.51%
2023$147,285 · 0.50%
2022$126,330 · 0.45%
Similar plansHealth Care & Social Assistance · Arizona
Smi Imaging, LLC AZ$39.0M · 1.42%
Cranial Technologies, Inc. AZ$38.9M · 0.41%
Chicanos Por la Causa, Inc. AZ$38.7M · 0.65%
Pima Heart Physicians, P.C. AZ$37.4M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261849321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.