Plan Ledger DOL Form 5500 · updated monthly

Physicians Network Medical Group, Inc.401(k)

PHYSICIANS NETWORK MEDICAL GROUP 401(K) PLAN · ROSEVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Physicians Network Medical Group, Inc. reported $206,467 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $7,803 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 0.20% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 946th-largest of 9,483 plans among California employers on file, and the 1,044th of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 507 to 594 since 2022.

Plan summary
Net assets, end of year$106,465,429
Participants with balances578
Active participants594
Employer contributions$4,635,128
Employee contributions$8,885,764
Employer contribution per active participant$7,803
Average account balance$184,196
Benefits paid to participants$13,460,117
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$106.5M · 578 accts · $4.6M emplr
2023$83.8M · 553 accts · $4.0M emplr
2022$63.2M · 525 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$206,467
Total administrative$206,467
The Physicians Network Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$7,803
Median for plans this size$3,635
2024$7,803 per active participant
2023$7,810 per active participant
2022$7,187 per active participant

Physicians Network Medical Group, Inc.'s 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$196,149
MUN CPA LLP · Investment advisory (plan)$11,500

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$206,467 · 0.22%
2023$153,908 · 0.21%
2022$128,272 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · California
Included Health, Inc. CA$112.1M · 0.22%
La Clinica de la Raza, Inc. CA$111.1M · 0.25%
Packard Medical Group, Inc. CA$102.6M · 0.03%
Cottage Health CA$102.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453776074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.