Plan Ledger DOL Form 5500 · updated monthly

Memorial Research Medical Clinic401(k)

MEMORIAL RESEARCH MEDICAL CLINIC 401(K) PROFIT SHARING PLAN · TUSTIN, CA · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Memorial Research Medical Clinic reported $125 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,073 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 0.00% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,100th of 9,483), and 8,078th of 11,911 in health care & social assistance. In 2022, employees put in $4.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,699,706
Participants with balances124
Active participants98
Employer contributions$105,145
Employee contributions$502,077
Employer contribution per active participant$1,073
Average account balance$37,901
Benefits paid to participants$511,938
Plan auditUnmodified (clean) audit opinion
AuditorFOUMBERG, JUNEJA, ROCHER & CO
Plan history2
Yearassets · accounts · employer contribution
2023$4.5M · 94 accts · $69K emplr
2022$4.7M · 124 accts · $105K emplr
The Memorial Research Medical Clinic 401(k) match · 2022
Employer contribution per active participant$1,073
Median for plans this size$1,114
2023$883 per active participant
2022$1,073 per active participant

Memorial Research Medical Clinic's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$263 · 0.01%
2022$125 · 0.00%
Similar plansHealth Care & Social Assistance · California
Prohealth Home Care Inc CA$4.8M · 1.54%
Hope Hospice, Inc. CA$4.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330663715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.