Plan Ledger DOL Form 5500 · updated monthly

Millennium Health, LLC401(k)

MILLENNIUM HEALTH, LLC 401(K) PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Millennium Health, LLC reported $82,666 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,069 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 0.17% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,821st-largest of 9,483 plans among California employers on file, and the 1,924th of 11,911 in health care & social assistance. In 2024, employees put in $3.99 for every $1.00 the employer contributed; active participation has grown from 469 to 932 since 2022.

Plan summary
Net assets, end of year$48,050,625
Participants with balances1,280
Active participants932
Employer contributions$996,521
Employee contributions$3,975,423
Employer contribution per active participant$1,069
Average account balance$37,540
Benefits paid to participants$4,056,933
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.1M · 1,280 accts · $997K emplr
2023$40.8M · 1,141 accts · $915K emplr
2022$32.5M · 853 accts · $603K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,705
Investment management$31,961
Total administrative$82,666
The Millennium Health, LLC 401(k) match · 2024
Employer contribution per active participant$1,069
Median for plans this size$2,416
2024$1,069 per active participant
2023$1,120 per active participant
2022$1,285 per active participant

Millennium Health, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,705
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$25,298
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,663

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$82,666 · 0.19%
2023$53,283 · 0.15%
2022$63,743 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · California
Sycamores CA$48.5M · 0.21%
Onelegacy CA$48.2M · 0.13%
Interface Rehab, Inc. CA$47.8M · 0.38%
Child Care Resource Center CA$47.4M · 0.02%
Momentum for Health CA$47.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261565558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.