Plan Ledger DOL Form 5500 · updated monthly

San Diego Coastal Medical Group, Inc.401(k)

SCRIPPS COASTAL MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

San Diego Coastal Medical Group, Inc. reported $44,868 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,087 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 0.03% to 0.04%. 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 769th-largest of 9,483 plans among California employers on file, and the 846th of 11,911 in health care & social assistance. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has shrunk from 338 to 286 since 2022.

Plan summary
Net assets, end of year$136,474,001
Participants with balances337
Active participants286
Employer contributions$4,600,813
Employee contributions$5,649,690
Employer contribution per active participant$16,087
Average account balance$404,967
Benefits paid to participants$9,887,111
Plan auditUnmodified (clean) audit opinion
AuditorCONSIDINE & CONSIDINE
Plan history3
Yearassets · accounts · employer contribution
2024$136.5M · 337 accts · $4.6M emplr
2023$119.4M · 349 accts · $4.4M emplr
2022$98.6M · 349 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,868
Total administrative$44,868
The San Diego Coastal Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$16,087
Median for plans this size$3,635
2024$16,087 per active participant
2023$12,893 per active participant
2022$10,863 per active participant

San Diego Coastal Medical Group, Inc.'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 · 20244
NATIONWIDE · Recordkeeping · Other services$8,723
NATIONAL BENEFIT SERVICES, LLC · Recordkeeping · Other services$3,000
MEDICAL GROUP, INC. · Recordkeeping · Other services$1,557
LEAFHOUSE FINANCIAL ADVISORS · Consulting · Investment advisory (participants)$12,353

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

Recordkeeper by year2
2024MEDICAL GROUP, INC., NATIONAL BENEFIT SERVICES, LLC, Nationwide
2023NATIONAL BENEFIT SERVICES, LLC, Nationwide

This plan has changed recordkeepers within these filings. If you left San Diego Coastal Medical Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,868 · 0.04%
2023$38,012 · 0.03%
2022$32,568 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · California
Telecare Corporation CA$142.8M · 0.07%
Irhythm Technologies CA$133.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330776371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.