Plan Ledger DOL Form 5500 · updated monthly

Nephrology Associates Medical Group, Inc.401(k)

NEPHROLOGY ASSOCIATES MEDICAL GRP. INC. 401(K) PROFIT-SHARING PLAN · RIVERSIDE, CA · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Nephrology Associates Medical Group, Inc. reported $66,686 in plan administrative expenses for 2023: 0.15% of average plan assets, below the peer median. Employer contributions averaged $16,859 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 1 year on file its reported administrative ratio fell from 0.16% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,841st-largest of 9,483 plans among California employers on file, and the 1,945th of 11,911 in health care & social assistance. In 2023, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,578,363
Participants with balances211
Active participants59
Employer contributions$994,691
Employee contributions$1,026,133
Employer contribution per active participant$16,859
Average account balance$225,490
Benefits paid to participants$7,488,492
Plan auditUnmodified (clean) audit opinion
AuditorVALENTINE CPA, PC
Plan history2
Yearassets · accounts · employer contribution
2023$47.6M · 211 accts · $995K emplr
2022$44.3M · 215 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Investment management$61,709
Total administrative$66,686
The Nephrology Associates Medical Group, Inc. 401(k) match · 2023
Employer contribution per active participant$16,859
Median for plans this size$2,440
2023$16,859 per active participant
2022$9,077 per active participant

Nephrology Associates Medical Group, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
COMMONWEALTH EQUITY SERVICES LLC · Investment advisory (plan)$42,279

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

Administrative cost history2
2023$66,686 · 0.15%
2022$81,939 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · California
Sycamores CA$48.5M · 0.21%
Onelegacy CA$48.2M · 0.13%
Millennium Health, LLC CA$48.1M · 0.19%
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%
Hoag Medical Group, Inc. CA$46.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330686333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.