Plan Ledger DOL Form 5500 · updated monthly

San Bernardino Medical Orthopaedic Group, Inc.401(k)

SAN BERNARDINO MEDICAL ORTHOPAEDIC GROUP, INC. DBA ARROWHEAD ORTHOPAEDICS 401(K) PROFIT SHARING PLAN · REDLANDS, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

San Bernardino Medical Orthopaedic Group, Inc. reported $115,705 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $5,819 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 0.37% to 0.31%. 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 2,121st-largest of 9,483 plans among California employers on file, and the 2,228th of 11,911 in health care & social assistance. In 2024, the employer put in $1.67 for every $1.00 employees contributed themselves; active participation has grown from 265 to 311 since 2022.

Plan summary
Net assets, end of year$40,453,194
Participants with balances410
Active participants311
Employer contributions$1,809,698
Employee contributions$1,082,373
Employer contribution per active participant$5,819
Average account balance$98,666
Benefits paid to participants$1,096,232
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.5M · 410 accts · $1.8M emplr
2023$33.4M · 367 accts · $1.7M emplr
2022$26.4M · 325 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,628
Investment management$61,680
Trustee / custodial$10,397
Total administrative$115,705
The San Bernardino Medical Orthopaedic Group, Inc. 401(k) match · 2024
Employer contribution per active participant$5,819
Median for plans this size$2,416
2024$5,819 per active participant
2023$5,718 per active participant
2022$5,230 per active participant

San Bernardino Medical Orthopaedic Group, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
KWB WEALTH · Investment advisory (plan)$61,680
NEWPORT GROUP, INC. · Contract administrator$43,628
NEWPORT TRUST COMPANY · Trustee$10,397

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$115,705 · 0.31%
2023$101,443 · 0.34%
2022$104,501 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · California
Honor Technology, Inc. CA$40.8M · 0.12%
Heartflow, Inc. CA$40.5M · 0.32%
Rideout Memorial Hospital CA$40.3M · 0.20%
Omni Family Health CA$39.8M · 0.75%
Welbehealth LLC CA$39.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330376200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.