Plan Ledger DOL Form 5500 · updated monthly

Texas Medical Association401(k)

TEXAS MEDICAL ASSOCIATION EMPLOYEES 401(K) PROFIT SHARING PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Texas Medical Association reported $18,381 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,556 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 0.07% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 915th-largest of 5,688 plans among Texas employers on file, and the 349th of 3,341 in other services. In 2024, the employer put in $1.56 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$62,396,111
Participants with balances212
Active participants123
Employer contributions$2,036,433
Employee contributions$1,305,631
Employer contribution per active participant$16,556
Average account balance$294,321
Benefits paid to participants$4,148,040
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.4M · 212 accts · $2.0M emplr
2023$55.6M · 210 accts · $1.9M emplr
2022$46.1M · 207 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Investment management$33,331
Total administrative$18,381
The Texas Medical Association 401(k) match · 2024
Employer contribution per active participant$16,556
Median for plans this size$3,635
2024$16,556 per active participant
2023$14,505 per active participant
2022$14,522 per active participant

Texas Medical Association'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$33,331

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$18,381 · 0.03%
2023$38,314 · 0.08%
2022$36,676 · 0.07%
Same employer
Similar plansOther Services · Texas
Nsmg Shared Services, LLC TX$80.5M · 0.29%
Shermco Industries, Inc. TX$77.2M · 0.27%
Visible Changes, Inc. TX$76.5M · 0.03%
Buckner International TX$60.8M · 0.15%
Saber Power Services, LLC TX$49.6M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741078510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.