Plan Ledger DOL Form 5500 · updated monthly

Renal Medicine Associates, LTD.401(k)

RENAL MEDICINE ASSOCIATES LTD 401K PS PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Renal Medicine Associates, LTD. reported $3,745 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,269 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 0.04% 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 91st-largest of 290 plans among New Mexico employers on file, and the 3,742nd of 11,911 in health care & social assistance. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,626,696
Participants with balances129
Active participants66
Employer contributions$215,731
Employee contributions$404,671
Employer contribution per active participant$3,269
Average account balance$152,145
Benefits paid to participants$118,441
Plan auditUnmodified (clean) audit opinion
AuditorREDW
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 129 accts · $216K emplr
2023$16.9M · 116 accts · $566K emplr
2022$13.8M · 101 accts · $515K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,745
Total administrative$3,745
The Renal Medicine Associates, LTD. 401(k) match · 2024
Employer contribution per active participant$3,269
Median for plans this size$2,416
2024$3,269 per active participant
2023$7,966 per active participant
2022$7,153 per active participant

Renal Medicine Associates, LTD.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$3,745

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,745 · 0.02%
2023$3,404 · 0.02%
2022$6,534 · 0.04%
Similar plansHealth Care & Social Assistance · New Mexico
La Clinica de Familia, Inc. NM$26.4M · 0.04%
Artesia General Hospital NM$21.5M · 0.44%
El Centro Family Health NM$17.0M · 0.12%
Arca NM$16.5M · 0.67%
Youth Development, Inc. NM$16.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850224417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.