Plan Ledger DOL Form 5500 · updated monthly

Physicians' Medical Center, P.C.401(k)

PHYSICIANS' MEDICAL CENTER, P.C. 401(K) PROFIT SHARING PLAN & TRUST · MCMINNVILLE, OR · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Physicians' Medical Center, P.C. reported $2,895 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,968 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 fell from 0.07% to 0.02%. 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 388th-largest of 1,021 plans among Oregon employers on file, and the 4,053rd of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,497,918
Participants with balances166
Active participants102
Employer contributions$608,687
Employee contributions$709,211
Employer contribution per active participant$5,968
Average account balance$105,409
Benefits paid to participants$2,800,876
Plan auditUnmodified (clean) audit opinion
AuditorKUENZI & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 166 accts · $609K emplr
2023$17.1M · 159 accts · $599K emplr
2022$16.1M · 160 accts · $600K emplr
Administrative expenses, itemized · 2024
Investment management$2,895
Total administrative$2,895
The Physicians' Medical Center, P.C. 401(k) match · 2024
Employer contribution per active participant$5,968
Median for plans this size$2,416
2024$5,968 per active participant
2023$5,499 per active participant
2022$5,825 per active participant

Physicians' Medical Center, P.C.'s 2024 employer contribution ran above the $2,416 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 · 20242
PREMIER RETIREMENT SERVICES, INC. · Other servicesindirect comp
CETERA INVESTMENT ADVISERS LLCindirect comp

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$2,895 · 0.02%
2023$6,683 · 0.04%
2022$11,426 · 0.07%
Similar plansHealth Care & Social Assistance · Oregon
One Community Health OR$19.8M · 0.37%
Interpath Laboratory, Inc. OR$19.8M · 0.31%
Northwest Human Services OR$19.6M · 0.12%
Neighborhood Health Center OR$17.5M · 0.49%
Oregon Food Bank OR$17.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930604944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.