SCRIPPS CLINIC MEDICAL GROUP, INC. RETIREMENT SAVINGS PLAN · LA JOLLA, CA · plan year 2024
Reported admin expense ratio · 2024
0.20%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Scripps Clinic Medical Group, Inc. reported $1,799,989 in plan administrative expenses for 2024: 0.20% of average plan assets, higher than ~90% of peers. Employer contributions averaged $25,258 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 0.21% to 0.20%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 141st-largest of 9,483 plans among California employers on file, and the 197th of 11,911 in health care & social assistance. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves.
Plan summary
Net assets, end of year$962,120,671
Participants with balances1,264
Active participants1,073
Employer contributions$27,102,329
Employee contributions$18,664,141
Employer contribution per active participant$25,258
Average account balance$761,171
Benefits paid to participants$35,171,491
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINSON & BLOODGOOD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$962.1M · 1,264 accts · $27.1M emplr
2023$834.8M · 1,231 accts · $26.3M emplr
2022$661.1M · 1,196 accts · $23.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$700
Investment management$1,799,289
Total administrative$1,799,989
The Scripps Clinic Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$25,258
Median for plans this size$4,294
2024$25,258 per active participant
2023$23,171 per active participant
2022$21,563 per active participant
Scripps Clinic Medical Group, Inc.'s 2024 employer contribution ran above the $4,294 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 952885574 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.