Plan Ledger DOL Form 5500 · updated monthly

Midwest Geriatric Management, LLC401(k)

MIDWEST GERIATRIC MANAGEMENT, LLC 401(K) PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
1.24%

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

Midwest Geriatric Management, LLC reported $121,648 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% of peers. Employer contributions averaged $195 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 0.99% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (794th of 1,393), and the 5,357th of 11,911 in health care & social assistance. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 1,899 to 2,778 since 2022.

Plan summary
Net assets, end of year$11,293,961
Participants with balances1,650
Active participants2,778
Employer contributions$541,900
Employee contributions$1,624,318
Employer contribution per active participant$195
Average account balance$6,845
Benefits paid to participants$1,249,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 1,650 accts · $542K emplr
2023$8.3M · 1,539 accts · $422K emplr
2022$6.4M · 1,538 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,648
Total administrative$121,648
The Midwest Geriatric Management, LLC 401(k) match · 2024
Employer contribution per active participant$195
Median for plans this size$1,313
2024$195 per active participant
2023$204 per active participant
2022$162 per active participant

Midwest Geriatric Management, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
BENEFIT PLANS PLUS, LLC · Plan administrator · Recordkeeping$85,407
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$25,962

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

Recordkeeper by year2
2024BENEFIT PLANS PLUS, LLC, John Hancock
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Midwest Geriatric Management, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$121,648 · 1.24%
2023$95,439 · 1.30%
2022$68,739 · 0.99%
Similar plansHealth Care & Social Assistance · Missouri
V.N.A. Corporation MO$11.7M · 0.64%
Rhg Consolidated, LLC MO$11.2M · 1.01%
Systems, LLC MO$11.2M · 1.91%
Tutera Group Inc. MO$11.2M · 0.78%
Community Counseling Center MO$11.1M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453069327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.