Plan Ledger DOL Form 5500 · updated monthly

Stateserv Medical LLC401(k)

STATESERV MEDICAL LLC 401(K) PROFIT SHARING PLAN & TRUST · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Stateserv Medical LLC reported $5,983 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,050 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 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 403rd-largest of 1,285 plans among Arizona employers on file, and the 1,668th of 5,215 in retail trade. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 619 to 1,007 since 2022.

Plan summary
Net assets, end of year$17,457,320
Participants with balances426
Active participants1,007
Employer contributions$1,057,320
Employee contributions$1,965,848
Employer contribution per active participant$1,050
Average account balance$40,980
Benefits paid to participants$1,238,756
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 426 accts · $1.1M emplr
2023$9.4M · 287 accts · $639K emplr
2022$6.7M · 234 accts · $545K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,000
Trustee / custodial$983
Total administrative$5,983
The Stateserv Medical LLC 401(k) match · 2024
Employer contribution per active participant$1,050
Median for plans this size$2,416
2024$1,050 per active participant
2023$866 per active participant
2022$880 per active participant

Stateserv Medical LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

Administrative cost history3
2024$5,983 · 0.04%
2023$980 · 0.01%
2022$3,884 · 0.05%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 201563028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.