Plan Ledger DOL Form 5500 · updated monthly

Ventura Orthopedics Medical Group, Inc.401(k)

VENTURA ORTHOPEDICS MEDICAL GROUP, INC. 401(K) PROFIT SHARING PLAN · VENTURA, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Ventura Orthopedics Medical Group, Inc. reported $152,415 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $3,767 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 0.32% to 0.45%. 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 2,339th-largest of 9,483 plans among California employers on file, and the 2,432nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has grown from 210 to 234 since 2022.

Plan summary
Net assets, end of year$35,699,223
Participants with balances302
Active participants234
Employer contributions$881,386
Employee contributions$811,574
Employer contribution per active participant$3,767
Average account balance$118,209
Benefits paid to participants$1,623,790
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.7M · 302 accts · $881K emplr
2023$31.3M · 263 accts · $767K emplr
2022$29.3M · 264 accts · $726K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,572
Investment management$137,620
Trustee / custodial$7,223
Total administrative$152,415
The Ventura Orthopedics Medical Group, Inc. 401(k) match · 2024
Employer contribution per active participant$3,767
Median for plans this size$2,416
2024$3,767 per active participant
2023$3,534 per active participant
2022$3,455 per active participant

Ventura Orthopedics Medical Group, Inc.'s 2024 employer contribution ran above 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 · 20246
WESPAC PLAN SERVICES, LLC · Contract administrator · Recordkeeping$7,130
WESPAC ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$50,724
LPL FINANCIAL · Investment advisory (participants) · Investment management$39,545
MARINER LLC · Investment advisory (participants) · Investment management$21,314
MERRILL · Investment advisory (participants) · Investment management$18,533
CHARLES SCHWAB TRUST BANK · Contract administrator$7,223

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

Recordkeeper by year2
2024WESPAC PLAN SERVICES, LLC
2023WESPAC PLAN SERVICES, LLC

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Administrative cost history3
2024$152,415 · 0.45%
2023$142,360 · 0.47%
2022$101,069 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · California
Sequoia Living Inc. CA$36.4M · 0.24%
Covia Communities CA$36.2M · 0.14%
Sante Health Systems, Inc. CA$35.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952597753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.