Plan Ledger DOL Form 5500 · updated monthly

Twin Med, LLC401(k)

TWIN MED 401(K) PLAN · SANTA FE SPRINGS, CA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Twin Med, LLC reported $90,598 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $500 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 0.97% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 4,316th-largest of 9,483 plans among California employers on file, and 2,317th of 4,246 in wholesale trade. In 2024, employees put in $7.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,512,375
Participants with balances534
Active participants476
Employer contributions$238,012
Employee contributions$1,885,515
Employer contribution per active participant$500
Average account balance$29,049
Benefits paid to participants$1,533,375
Plan auditUnmodified (clean) audit opinion
AuditorSINGER LEWAK
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 534 accts · $238K emplr
2023$13.3M · 544 accts · $239K emplr
2022$10.6M · 555 accts · $234K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,064
Investment management$10,534
Total administrative$90,598
The Twin Med, LLC 401(k) match · 2024
Employer contribution per active participant$500
Median for plans this size$2,416
2024$500 per active participant
2023$497 per active participant
2022$479 per active participant

Twin Med, 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.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$82,055
FIFTH THIRD BANK · Recordkeeping · Trustee$8,542
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, FIFTH THIRD BANK
2023ADP, SINGERLEWAK LLP

This plan has changed recordkeepers within these filings. If you left Twin Med, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$90,598 · 0.63%
2023$112,174 · 0.94%
2022$103,578 · 0.97%
Same employer
Similar plansWholesale Trade · California
Sideshow Inc. CA$15.9M · 0.55%
Progressive Produce LLC CA$15.8M · 0.02%
Giti Tire USA LTD. CA$15.7M · 0.23%
Giant Bicycle Inc CA$15.5M · 0.48%
Winery Exchange, Inc. CA$15.2M · 0.51%
Green Farms California LLC CA$15.1M · 0.58%
Jimway, Inc. CA$15.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200725693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.