Plan Ledger DOL Form 5500 · updated monthly

Providence Medical Group, Northern California401(k)

PROVIDENCE MEDICAL GROUP, NORTHERN CALIFORNIA 401(K) PROFIT SHARING PLAN · ANAHEIM, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Providence Medical Group, Northern California reported $84,373 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $29,625 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 1 year on file its reported administrative ratio rose from 0.05% to 0.08%. 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 865th-largest of 9,483 plans among California employers on file, and the 933rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.93 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$120,686,065
Participants with balances402
Active participants369
Employer contributions$10,931,683
Employee contributions$5,676,960
Employer contribution per active participant$29,625
Average account balance$300,214
Benefits paid to participants$3,386,936
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$120.7M · 402 accts · $10.9M emplr
2023$91.6M · 366 accts · $10.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,106
Investment management$80,267
Total administrative$84,373
The Providence Medical Group, Northern California 401(k) match · 2024
Employer contribution per active participant$29,625
Median for plans this size$3,635
2024$29,625 per active participant
2023$29,219 per active participant

Providence Medical Group, Northern California'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
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan) · Investment management$80,267
EMPOWER ANNUITY INSURANCE COMPANY · Securities brokerage$3,821

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

Administrative cost history2
2024$84,373 · 0.08%
2023$26,979 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · California
Fibrogen, Inc. CA$124.9M · 0.07%
Invitae CA$122.3M · 0.22%
On Lok Inc. CA$119.0M · 0.19%
Optimum Employer Solutions CA$118.2M · 0.56%
Inari Medical, Inc. CA$117.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881779768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.