Plan Ledger DOL Form 5500 · updated monthly

Mountain Park Health Center403(b)

MOUNTAIN PARK HEALTH CENTER RETIREMENT PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Mountain Park Health Center reported $57,347 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $887 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 0.11% to 0.13%. 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 203rd-largest of 1,285 plans among Arizona employers on file, and the 1,978th of 11,911 in health care & social assistance. In 2024, employees put in $3.51 for every $1.00 the employer contributed; active participation has grown from 670 to 1,404 since 2022.

Plan summary
Net assets, end of year$46,925,608
Participants with balances1,537
Active participants1,404
Employer contributions$1,245,307
Employee contributions$4,374,864
Employer contribution per active participant$887
Average account balance$30,531
Benefits paid to participants$5,248,175
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.9M · 1,537 accts · $1.2M emplr
2023$40.7M · 1,006 accts · $707K emplr
2022$32.7M · 823 accts · $672K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,347
Total administrative$57,347
Employer contributions to the Mountain Park Health Center plan · 2024
Employer contribution per active participant$887
Median for plans this size$2,416
2024$887 per active participant
2023$533 per active participant
2022$1,003 per active participant

Mountain Park Health Center'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 · 20242
TIAA · Recordkeeping · Pension consulting$50,783
LINCOLN NATIONAL CORPORATION · Contract administrator$6,564

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

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$57,347 · 0.13%
2023$45,932 · 0.13%
2022$40,075 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Simonmed Imaging, Inc. AZ$50.1M · 1.36%
Child-Parent Centers Inc. AZ$46.8M · 0.35%
Sdi Services LLC AZ$44.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860498020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.