Plan Ledger DOL Form 5500 · updated monthly

Pima Medical InstituteESOP

PIMA MEDICAL INSTITUTE EMPLOYEE STOCK OWNERSHIP PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Pima Medical Institute reported $126,413 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $17,498 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 0.05% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 76th-largest of 1,285 plans among Arizona employers on file, and the 297th of 3,091 in educational services.

Plan summary
Net assets, end of year$190,107,344
Participants with balances1,366
Active participants929
Employer contributions$16,255,504
Employee contributions—
Employer contribution per active participant$17,498
Average account balance$139,171
Benefits paid to participants$26,019,872
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$190.1M · 1,366 accts · $16.3M emplr
2023$179.4M · 1,370 accts · $17.9M emplr
2022$152.2M · 1,701 accts · $6.9M emplr
Administrative expenses, itemized · 2024
Investment management$126,413
Total administrative$126,413
Employer contributions to the Pima Medical Institute plan · 2024
Employer contribution per active participant$17,498
Median for plans this size$3,635
2024$17,498 per active participant
2023$19,954 per active participant
2022$7,549 per active participant

Pima Medical Institute'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 · 20241
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan) · Other services$126,413

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$126,413 · 0.07%
2023$122,810 · 0.07%
2022$79,272 · 0.05%
All plans at this employer2
PIMA MEDICAL INSTITUTE 401(K) PLAN401(k)
PIMA MEDICAL INSTITUTE EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansEducational Services · Arizona
Cable One, Inc. AZ$284.7M · 0.13%
Grand Canyon Education, Inc. AZ$191.7M · 0.20%
Grand Canyon University AZ$158.3M · 0.31%
Imagine Learning LLC AZ$138.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860260863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.