Plan Ledger DOL Form 5500 · updated monthly

Tmc Healthcare401(k)

TMC HEALTHCARE 401(K) PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Tmc Healthcare reported $531,036 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,535 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 0.149%. 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 42nd-largest of 1,285 plans among Arizona employers on file, and the 408th of 11,911 in health care & social assistance. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 5,004 to 5,659 since 2022.

Plan summary
Net assets, end of year$379,427,030
Participants with balances7,182
Active participants5,659
Employer contributions$8,684,213
Employee contributions$26,948,937
Employer contribution per active participant$1,535
Average account balance$52,830
Benefits paid to participants$36,260,907
Plan auditUnmodified (clean) audit opinion
AuditorLUDWIG KLEWER & RUDNER PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$379.4M · 7,182 accts · $8.7M emplr
2023$331.6M · 6,621 accts · $7.1M emplr
2022$276.3M · 6,223 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$416,082
Investment management$82,964
Audit (IQPA)$31,990
Total administrative$531,036
The Tmc Healthcare 401(k) match · 2024
Employer contribution per active participant$1,535
Median for plans this size$4,294
2024$1,535 per active participant
2023$1,395 per active participant
2022$1,346 per active participant

Tmc Healthcare's 2024 employer contribution ran below the $4,294 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.

Service providers · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$416,082
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$82,964
LUDWIG KLEWER & CO · Accounting / audit$31,990
CHARLES SCHWAB & CO., INC. · Securities brokerage$476

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$531,036 · 0.15%
2023$460,710 · 0.15%
2022$463,981 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Honorhealth AZ$1.2B · 0.03%
Phoenix Children's Hospital AZ$691.1M · 0.06%
Vitalant AZ$428.6M · 0.13%
District Medical Group, Inc. AZ$300.3M · 0.08%
Usn Opco, LLC AZ$260.9M · 0.03%
Yuma Regional Medical Center AZ$180.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202218975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.