Plan Ledger DOL Form 5500 · updated monthly

Optima Medical Management Group, Inc.401(k)

OPTIMA MEDICAL MANAGEMENT GROUP, INC. 401(K) PROFIT SHARING PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Optima Medical Management Group, Inc. reported $7,515 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $6,352 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in California (7,929th of 9,483), and 1,781st of 2,534 in administrative & support services. In 2024, the employer put in $2.42 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,839,401
Participants with balances279
Active participants176
Employer contributions$1,118,017
Employee contributions$462,273
Employer contribution per active participant$6,352
Average account balance$10,177
Benefits paid to participants$29,056
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT MILLER CPA & ASSOCIATES, PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,299
Investment management$6,216
Total administrative$7,515
The Optima Medical Management Group, Inc. 401(k) match · 2024
Employer contribution per active participant$6,352
Median for plans this size$1,313

Optima Medical Management Group, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241

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

Administrative cost history1
2024$7,515 · 0.38%
Similar plansAdministrative & Support Services · California
Digital Media Management CA$3.2M · 0.48%
Onsite Dental, LLC CA$2.8M · 0.06%
Zenith Talent Corporation CA$2.6M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474906232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.