Plan Ledger DOL Form 5500 · updated monthly

Medical Teams International401(k)

MEDICAL TEAMS INTERNATIONAL 401(K) RETIREMENT PLAN · TIGARD, OR · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Medical Teams International reported $26,029 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $3,195 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 0.33% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (664th of 1,021), and 6,861st of 11,911 in health care & social assistance. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has shrunk from 148 to 98 since 2022.

Plan summary
Net assets, end of year$7,015,631
Participants with balances140
Active participants98
Employer contributions$313,128
Employee contributions$495,985
Employer contribution per active participant$3,195
Average account balance$50,112
Benefits paid to participants$1,689,465
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 140 accts · $313K emplr
2023$6.9M · 148 accts · $491K emplr
2022$6.1M · 162 accts · $452K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,029
Total administrative$26,029
The Medical Teams International 401(k) match · 2024
Employer contribution per active participant$3,195
Median for plans this size$1,313
2024$3,195 per active participant
2023$4,309 per active participant
2022$3,051 per active participant

Medical Teams International's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,028

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$26,029 · 0.37%
2023$25,896 · 0.40%
2022$22,159 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Ride Connection, Inc. OR$7.3M · 0.50%
Neighborimpact OR$7.2M · 0.40%
Outside In OR$6.7M · 0.10%
Viridian Management Inc OR$6.6M · 0.48%
Viridian Management Inc OR$6.6M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930878944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.