Plan Ledger DOL Form 5500 · updated monthly

Marinhealth401(k)

PRIMA MEDICAL FOUNDATION 401(K) PROFIT SHARING PLAN AND TRUST · GREENBRAE, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Marinhealth reported $3,558 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,187 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 0.61% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (5,028th of 9,483), and 3,813th of 4,798 in finance & insurance. In 2024, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,733,625
Participants with balances344
Active participants435
Employer contributions$516,247
Employee contributions$1,371,557
Employer contribution per active participant$1,187
Average account balance$34,109
Benefits paid to participants$778,294
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 344 accts · $516K emplr
2023$8.8M · 410 accts · $430K emplr
2022$7.0M · 465 accts · $478K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,558
Total administrative$3,558
The Marinhealth 401(k) match · 2024
Employer contribution per active participant$1,187
Median for plans this size$2,416
2024$1,187 per active participant
2023$1,137 per active participant
2022$1,176 per active participant

Marinhealth's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,558

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$3,558 · 0.03%
2023$57,083 · 0.72%
2022$44,180 · 0.61%
Same employer
Similar plansFinance & Insurance · California
Nitrogen Wealth, Inc. CA$12.5M · 0.02%
Dave, Inc. CA$11.9M · 0.05%
Sigue Corporation CA$11.6M · 0.52%
Veros Credit LLC CA$11.5M · 0.74%
Goal Investment Group, Inc. CA$11.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271376321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.