Plan Ledger DOL Form 5500 · updated monthly

Montefino Ventilator Training401(k)

MONTEFINO VENTILATOR TRAINING 401(K) PLAN · ONTARIO, CA · plan year 2022

Reported admin expense ratio · 2022
1.63%

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

Montefino Ventilator Training reported $8,890 in plan administrative expenses for 2022: 1.63% of average plan assets, above the peer median. Employer contributions averaged $610 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,996th of 9,483), and 11,217th of 11,911 in health care & social assistance. In 2022, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$649,788
Participants with balances43
Active participants146
Employer contributions$88,998
Employee contributions$206,755
Employer contribution per active participant$610
Average account balance$15,111
Benefits paid to participants$5,785
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE, LOFGREN, MORRIS & ENGELBERG
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,890
Total administrative$8,890
The Montefino Ventilator Training 401(k) match · 2022
Employer contribution per active participant$610
Median for plans this size$331

Montefino Ventilator Training's 2022 employer contribution ran above the $331 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 history1
2022$8,890 · 1.63%
Similar plansHealth Care & Social Assistance · California
Harbinder S Brar MD Inc CA$650K · 0.31%
Provident Care, Inc. CA$638K · 3.76%
La Mirada Healthcare, LLC CA$630K · 1.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454499292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.