Plan Ledger DOL Form 5500 · updated monthly

Sutter Medical Group, Inc.401(k)

SUTTER MEDICAL GROUP 401(K) PROFIT SHARING PLAN · SACRAMENTO, 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

Sutter Medical Group, Inc. reported $208,863 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $30,141 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 0.04% to 0.02%. 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 130th-largest of 9,483 plans among California employers on file, and the 177th of 11,911 in health care & social assistance. In 2024, the employer put in $1.47 for every $1.00 employees contributed themselves; active participation has grown from 1,030 to 1,247 since 2022.

Plan summary
Net assets, end of year$1,049,723,983
Participants with balances1,493
Active participants1,247
Employer contributions$37,586,428
Employee contributions$25,534,173
Employer contribution per active participant$30,141
Average account balance$703,097
Benefits paid to participants$46,729,924
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 1,493 accts · $37.6M emplr
2023$887.0M · 1,340 accts · $32.7M emplr
2022$745.0M · 1,290 accts · $30.9M emplr
Administrative expenses, itemized · 2024
Investment management$104,029
Total administrative$208,863
The Sutter Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$30,141
Median for plans this size$4,294
2024$30,141 per active participant
2023$30,954 per active participant
2022$30,031 per active participant

Sutter 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.

Service providers · 20244
ASCENSUS, LLC · Other services$242,610
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$104,029
NWK GROUP · Investment advisory (plan)$50,000
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$208,863 · 0.02%
2023$356,490 · 0.04%
2022$337,981 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · California
John Muir Health CA$1.4B · 0.07%
Scripps Health CA$1.3B · 0.11%
Radiology Partners Inc CA$1.0B · 0.07%
El Camino Hospital CA$976.1M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680002401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.