Plan Ledger DOL Form 5500 · updated monthly

Monterey Peninsula Surgery Center, LLC401(k)

MONTEREY PENINSULA SURGERY CENTER, LLC 401(K) PLAN · MONTEREY, CA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Monterey Peninsula Surgery Center, LLC reported $100,374 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,855 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 0.55% to 0.60%. 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 3,999th-largest of 9,483 plans among California employers on file, and the 4,080th of 11,911 in health care & social assistance. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,361,751
Participants with balances232
Active participants223
Employer contributions$413,685
Employee contributions$819,706
Employer contribution per active participant$1,855
Average account balance$74,835
Benefits paid to participants$1,773,650
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 232 accts · $414K emplr
2023$16.2M · 195 accts · $366K emplr
2022$14.0M · 179 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,374
Total administrative$100,374
The Monterey Peninsula Surgery Center, LLC 401(k) match · 2024
Employer contribution per active participant$1,855
Median for plans this size$2,416
2024$1,855 per active participant
2023$1,672 per active participant
2022$1,721 per active participant

Monterey Peninsula Surgery Center, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$100,374

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$100,374 · 0.60%
2023$86,269 · 0.57%
2022$87,056 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · California
Abilityfirst CA$17.5M · 0.11%
Hall Ambulance Service Inc. CA$17.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770470910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.