Plan Ledger DOL Form 5500 · updated monthly

Mission Internal Medical Group, Inc401(k)

MISSION INTERNAL MEDICAL GROUP AMENDED PROFIT SHARING 401(K) PLAN · MISSION VIEJO, CA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Mission Internal Medical Group, Inc reported $302,453 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $39,121 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 3 years on file its reported administrative ratio has held roughly steady near 0.24%. 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 747th-largest of 9,483 plans among California employers on file, and the 823rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.74 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$141,009,365
Participants with balances184
Active participants148
Employer contributions$5,789,841
Employee contributions$3,330,232
Employer contribution per active participant$39,121
Average account balance$766,355
Benefits paid to participants$4,908,541
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$141.0M · 184 accts · $5.8M emplr
2023$115.2M · 185 accts · $5.4M emplr
2022$90.1M · 179 accts · $5.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,220
Investment management$291,233
Total administrative$302,453
The Mission Internal Medical Group, Inc 401(k) match · 2024
Employer contribution per active participant$39,121
Median for plans this size$3,635
2024$39,121 per active participant
2023$36,733 per active participant
2022$33,719 per active participant

Mission Internal Medical Group, Inc'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 · 20248
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$55,885
MORNINGSTAR INC · Investment management$66,913
FIRST NATIONAL BANK · Investment management$44,665
FINANCIAL SERVICES ADVISORY IN · Investment advisory (participants)$40,675
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$38,923
PRIVATE MANAGEMENT GROUP INC · Investment advisory (participants)$29,241
HIGHTOWER ADVISORS LLC · Investment advisory (participants)$23,656
CHARLES SCHWAB & CO. INC. · Securities brokerage$1,780

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$302,453 · 0.24%
2023$262,926 · 0.26%
2022$232,205 · 0.25%
Same employer
Similar plansHealth Care & Social Assistance · California
Telecare Corporation CA$142.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952794408 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.