Plan Ledger DOL Form 5500 · updated monthly

Valley Health Team, Inc.401(k)

VALLEY HEALTH TEAM, INC. RETIREMENT PLAN · SAN JOAQUIN, CA · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Valley Health Team, Inc. reported $98,442 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,127 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 rose from 0.70% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 4,563rd-largest of 9,483 plans among California employers on file, and the 4,684th of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 296 to 336 since 2022.

Plan summary
Net assets, end of year$14,043,886
Participants with balances231
Active participants336
Employer contributions$714,693
Employee contributions$1,424,106
Employer contribution per active participant$2,127
Average account balance$60,796
Benefits paid to participants$1,099,071
Plan auditUnmodified (clean) audit opinion
AuditorATHERTON & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 231 accts · $715K emplr
2023$11.2M · 233 accts · $663K emplr
2022$8.6M · 214 accts · $610K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,442
Total administrative$98,442
The Valley Health Team, Inc. 401(k) match · 2024
Employer contribution per active participant$2,127
Median for plans this size$2,416
2024$2,127 per active participant
2023$2,145 per active participant
2022$2,061 per active participant

Valley Health Team, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20241
JOHN HANCOCK LIFE INSURANCE (USA) · Recordkeeping · Investment management$2,250

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$98,442 · 0.78%
2023$72,456 · 0.73%
2022$60,738 · 0.70%
Similar plansHealth Care & Social Assistance · California
Maryvale CA$14.1M · 0.02%
Elwyn California CA$14.1M · 0.26%
East Bay Integrated Care CA$13.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942217261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.