Plan Ledger DOL Form 5500 · updated monthly

Valley Medical Systems, Inc.401(k)

VALLEY MEDICAL SYSTEMS INC 401(K) PLAN · FRESNO, CA · plan year 2022

Reported admin expense ratio · 2022
0.27%

Valley Medical Systems, Inc. reported $585 in plan administrative expenses for 2022: 0.27% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (9,231st of 9,483), and 11,627th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$241,892
Participants with balances88
Active participants120
Employer contributions—
Employee contributions$195,472
Employer contribution per active participant—
Average account balance$2,749
Benefits paid to participants$4,259
Plan auditUnmodified (clean) audit opinion
AuditorDSR CPA AND CONSULTANTS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$535
Total administrative$585
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$585 · 0.27%
Similar plansHealth Care & Social Assistance · California
Mend Health, Inc. CA$324K · 1.14%
Good Samaritan Hospital CA$302K · 0.83%
Centered Health, LLC CA$198K · 3.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204763505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.