Plan Ledger DOL Form 5500 · updated monthly

Memorialcare Medical Group401(k)

MEMORIALCARE MEDICAL GROUP SAVINGS AND RETIREMENT PLAN · FOUNTAIN VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Memorialcare Medical Group reported $210,373 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $10,208 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 0.13% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 655th-largest of 9,483 plans among California employers on file, and the 744th of 11,911 in health care & social assistance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 316 to 360 since 2022.

Plan summary
Net assets, end of year$163,526,432
Participants with balances435
Active participants360
Employer contributions$3,674,974
Employee contributions$6,980,260
Employer contribution per active participant$10,208
Average account balance$375,923
Benefits paid to participants$8,965,566
Plan auditUnmodified (clean) audit opinion
AuditorLSL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$163.5M · 435 accts · $3.7M emplr
2023$138.5M · 392 accts · $3.4M emplr
2022$117.8M · 395 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,154
Investment management$130,219
Total administrative$210,373
The Memorialcare Medical Group 401(k) match · 2024
Employer contribution per active participant$10,208
Median for plans this size$3,635
2024$10,208 per active participant
2023$10,021 per active participant
2022$9,396 per active participant

Memorialcare Medical Group'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.

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 · 20242
CRANE ADVISORY LLC DBA CRANE & ASSO · Investment advisory (plan)$130,219
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$80,154

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$210,373 · 0.14%
2023$167,373 · 0.13%
2022$164,355 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · California
Henry Mayo Newhall Hospital CA$178.4M · 0.17%
North East Medical Services CA$175.0M · 0.13%
Redlands Community Hospital CA$173.8M · 0.04%
Marshall Medical Center CA$160.7M · 0.16%
Bass Medical Group, Inc. CA$160.0M · 0.17%
Aids Healthcare Foundation CA$158.6M · 0.13%
Humangood Norcal CA$157.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952653450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.