Plan Ledger DOL Form 5500 · updated monthly

Santa Cruz Medical Group, Inc.401(k)

SANTA CRUZ MEDICAL GROUP, INC. 401(K) PLAN · RANCHO CORDOVA, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Santa Cruz Medical Group, Inc. reported $8,391 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $18,918 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 0.11% 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 1,672nd-largest of 9,483 plans among California employers on file, and the 1,753rd of 11,911 in health care & social assistance. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,920,813
Participants with balances167
Active participants126
Employer contributions$2,383,683
Employee contributions$2,668,650
Employer contribution per active participant$18,918
Average account balance$322,879
Benefits paid to participants$1,360,330
Plan auditUnmodified (clean) audit opinion
AuditorWALTERS & SKLYAR LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.9M · 167 accts · $2.4M emplr
2023$44.1M · 156 accts · $2.3M emplr
2022$35.1M · 151 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Investment management$9,715
Total administrative$8,391
The Santa Cruz Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$18,918
Median for plans this size$2,416
2024$18,918 per active participant
2023$18,924 per active participant
2022$14,984 per active participant

Santa Cruz Medical 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,715
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$8,391 · 0.02%
2023$19,460 · 0.05%
2022$39,215 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · California
Centre for Neuro Skills CA$55.4M · 0.49%
Casa Colina, Inc. CA$54.6M · 0.28%
Caredx, Inc. CA$54.1M · 0.07%
Annadel Medical Group, Inc. CA$53.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300831235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.