Plan Ledger DOL Form 5500 · updated monthly

Mercy Medical Transportation, Inc.401(k)

MERCY MEDICAL TRANSPORTATION, INC. 401(K) PLAN · VALLEY CENTER, CA · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Mercy Medical Transportation, Inc. reported $8,391 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,334 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 has held roughly steady near 0.16%. 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 (6,962nd of 9,483), and 7,841st of 11,911 in health care & social assistance. In 2022, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,132,654
Participants with balances127
Active participants116
Employer contributions$154,698
Employee contributions$283,800
Employer contribution per active participant$1,334
Average account balance$40,415
Benefits paid to participants$161,875
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.8M · 86 accts · $114K emplr
2022$5.1M · 127 accts · $155K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,391
Total administrative$8,391
The Mercy Medical Transportation, Inc. 401(k) match · 2022
Employer contribution per active participant$1,334
Median for plans this size$1,114
2023$1,899 per active participant
2022$1,334 per active participant

Mercy Medical Transportation, Inc.'s 2022 employer contribution ran above 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$8,094 · 0.16%
2022$8,391 · 0.15%
Similar plansHealth Care & Social Assistance · California
St. Joseph Center CA$5.2M · 0.70%
Vasindas Around the Clock CA$5.1M · 0.94%
Psynergy Programs, Inc. CA$5.1M · 0.63%
United Medical Doctors CA$5.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330591630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.