Plan Ledger DOL Form 5500 · updated monthly

Siddons Martin Emergency Group401(k)

SIDDONS MARTIN EMERGENCY GROUP 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Siddons Martin Emergency Group reported $119,731 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,175 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 0.51% to 0.58%. 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 1,770th-largest of 5,688 plans among Texas employers on file, and the 3,215th of 11,911 in health care & social assistance. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has grown from 480 to 762 since 2022.

Plan summary
Net assets, end of year$24,365,804
Participants with balances768
Active participants762
Employer contributions$1,657,691
Employee contributions$2,712,464
Employer contribution per active participant$2,175
Average account balance$31,726
Benefits paid to participants$1,290,483
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 768 accts · $1.7M emplr
2023$17.2M · 586 accts · $1.2M emplr
2022$12.0M · 478 accts · $850K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,509
Investment management$8,222
Total administrative$119,731
The Siddons Martin Emergency Group 401(k) match · 2024
Employer contribution per active participant$2,175
Median for plans this size$2,416
2024$2,175 per active participant
2023$2,133 per active participant
2022$1,771 per active participant

Siddons Martin Emergency Group's 2024 employer contribution ran below 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$111,509
PNC BANK · Contract administrator$8,222
PNC BANK NA · Investment advisory (plan)indirect comp
EDWARD JONES · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$119,731 · 0.58%
2023$77,469 · 0.53%
2022$62,650 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Texas Heart Institute TX$24.3M · 0.02%
Intrepid USA, Inc. TX$24.2M · 0.41%
Nluc, PLLC TX$24.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274333590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.