Plan Ledger DOL Form 5500 · updated monthly

Medical Technology Solutions LLC401(k)

MEDICAL TECHNOLOGY SOLUTIONS, LLC 401(K) PLAN · VALENCIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Medical Technology Solutions LLC reported $10,980 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,209 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 1 year on file its reported administrative ratio rose from 0.02% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 4,298th-largest of 9,483 plans among California employers on file, and 1,190th of 2,199 in information & media. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,570,100
Participants with balances231
Active participants267
Employer contributions$589,900
Employee contributions$1,176,597
Employer contribution per active participant$2,209
Average account balance$67,403
Benefits paid to participants$120,684
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.6M · 231 accts · $590K emplr
2023$11.9M · 120 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,096
Investment management$1,384
Total administrative$10,980
The Medical Technology Solutions LLC 401(k) match · 2024
Employer contribution per active participant$2,209
Median for plans this size$2,416
2024$2,209 per active participant
2023$1,696 per active participant

Medical Technology Solutions LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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
VOYA RETIREMENT INSURANCE & ANNUITY · Accounting / audit$9,786

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

Administrative cost history2
2024$10,980 · 0.08%
2023$2,130 · 0.02%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 263619381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.