Plan Ledger DOL Form 5500 · updated monthly

Sutter Medical Group of the Redwoods, Inc.401(k)

SUTTER MEDICAL GROUP OF THE REDWOODS, INC. 401(K) PROFIT SHARING PLAN · SANTA ROSA, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Sutter Medical Group of the Redwoods, Inc. reported $152,988 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $31,632 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 3 years on file its reported administrative ratio has held roughly steady near 0.176%. 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 1,086th-largest of 9,483 plans among California employers on file, and the 1,171st of 11,911 in health care & social assistance. In 2024, the employer put in $1.78 for every $1.00 employees contributed themselves; active participation has grown from 119 to 142 since 2022.

Plan summary
Net assets, end of year$91,274,839
Participants with balances194
Active participants142
Employer contributions$4,491,762
Employee contributions$2,519,886
Employer contribution per active participant$31,632
Average account balance$470,489
Benefits paid to participants$8,158,992
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.3M · 194 accts · $4.5M emplr
2023$82.3M · 189 accts · $3.6M emplr
2022$68.3M · 182 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,633
Investment management$137,827
Trustee / custodial$4,528
Total administrative$152,988
The Sutter Medical Group of the Redwoods, Inc. 401(k) match · 2024
Employer contribution per active participant$31,632
Median for plans this size$3,635
2024$31,632 per active participant
2023$27,329 per active participant
2022$27,815 per active participant

Sutter Medical Group of the Redwoods, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$10,633
WILLOW CREEK WEALTH MANAGEMENT · Investment advisory (plan) · Accounting / audit$137,827

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$152,988 · 0.18%
2023$104,887 · 0.14%
2022$137,282 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · California
Tides Center CA$95.6M · 0.15%
Barton Healthcare System CA$92.7M · 0.08%
Dignity Health CA$88.7M · 0.04%
Clinica Sierra Vista CA$85.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680285735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.