Plan Ledger DOL Form 5500 · updated monthly

Signature Medical Group, Inc.401(k)

SIGNATURE MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN · SAINT LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Signature Medical Group, Inc. reported $258,605 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $6,251 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 0.27% to 0.23%. 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 170th-largest of 1,393 plans among Missouri employers on file, and the 983rd of 11,911 in health care & social assistance. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has shrunk from 478 to 313 since 2022.

Plan summary
Net assets, end of year$114,851,579
Participants with balances567
Active participants313
Employer contributions$1,956,620
Employee contributions$2,096,831
Employer contribution per active participant$6,251
Average account balance$202,560
Benefits paid to participants$18,158,485
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$114.9M · 567 accts · $2.0M emplr
2023$113.3M · 639 accts · $3.4M emplr
2022$100.0M · 696 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,389
Investment management$178,416
Audit (IQPA)$16,800
Total administrative$258,605
The Signature Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$6,251
Median for plans this size$3,635
2024$6,251 per active participant
2023$8,121 per active participant
2022$7,023 per active participant

Signature Medical Group, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
ALERUS FINANCIAL NA · Recordkeeping · Custodial (securities)$63,695
VISIONARY WEALTH ADVISORS · Pension consulting · Investment management$115,096
BENEFIT PLANS PLUS · Accounting / audit · Actuarial$40,469
ARMANINO, LLP · Accounting / audit$16,800

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

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$258,605 · 0.23%
2023$264,433 · 0.25%
2022$301,228 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Boone Health, Inc. MO$159.1M · 0.18%
Lake Regional Health System MO$116.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431696710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.