Plan Ledger DOL Form 5500 · updated monthly

Medvantx, Inc.401(k)

MEDVANTX 401(K) RETIREMENT PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Medvantx, Inc. reported $36,175 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $2,091 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 fell from 0.81% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (6,011th of 9,483), and 3,216th of 4,246 in wholesale trade. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,008,280
Participants with balances233
Active participants228
Employer contributions$476,670
Employee contributions$1,085,145
Employer contribution per active participant$2,091
Average account balance$34,370
Benefits paid to participants$472,789
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 233 accts · $477K emplr
2023$5.0M · 222 accts · $443K emplr
2022$3.7M · 114 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,175
Total administrative$36,175
The Medvantx, Inc. 401(k) match · 2024
Employer contribution per active participant$2,091
Median for plans this size$1,313
2024$2,091 per active participant
2023$1,884 per active participant
2022$546 per active participant

Medvantx, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
JP MORGAN BROKER-DEALER HOLDINGS · Investment advisory (plan)$27,403
COMPASS RETIREMENT CONSULTING GROUP · Contract administrator$4,785
COMPASS 360 · Contract administrator$1,139

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$36,175 · 0.55%
2023$22,522 · 0.51%
2022$31,440 · 0.81%
Same employer
Similar plansWholesale Trade · California
Nzg Specialities, Inc. CA$8.1M · 0.51%
Rare Beauty, LLC CA$8.0M · 0.10%
Nexus Professionals LLC CA$7.9M · 0.07%
Grape Expectations CA$7.9M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330888232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.