Medical Services Group - Department of MedicineProfit-sharing plan
MEDICAL SERVICES GROUP - DEPARTMENT OF MEDICINE PROFIT SHARING PLAN · SYRACUSE, NY · plan year 2024
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Medical Services Group - Department of Medicine reported $35,724 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $29,136 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 0.01% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other public administration employers. By assets it is the 832nd-largest of 5,648 plans among New York employers on file, and the 6th of 90 in public administration. active participation has grown from 145 to 166 since 2022.
Medical Services Group - Department of Medicine'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 161475278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.