Plan Ledger DOL Form 5500 · updated monthly

Visalia Medical Clinic, Inc.401(k)

VISALIA MEDICAL CLINIC, INC. 401(K) PROFIT SHARING PLAN · VISALIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Visalia Medical Clinic, Inc. reported $73,483 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $26,815 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 0.095% to 0.086%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,101st-largest of 9,483 plans among California employers on file, and the 1,190th of 11,911 in health care & social assistance. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has shrunk from 69 to 54 since 2022.

Plan summary
Net assets, end of year$89,368,473
Participants with balances147
Active participants54
Employer contributions$1,448,033
Employee contributions$1,123,214
Employer contribution per active participant$26,815
Average account balance$607,949
Benefits paid to participants$6,961,246
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$89.4M · 147 accts · $1.4M emplr
2023$81.9M · 148 accts · $1.4M emplr
2022$70.7M · 157 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,483
Total administrative$73,483
The Visalia Medical Clinic, Inc. 401(k) match · 2024
Employer contribution per active participant$26,815
Median for plans this size$3,635
2024$26,815 per active participant
2023$24,740 per active participant
2022$20,205 per active participant

Visalia Medical Clinic, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
MILLIMAN, INC. · Recordkeeping · Loan processing$71,878

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$73,483 · 0.09%
2023$73,170 · 0.10%
2022$71,955 · 0.09%
Similar plansHealth Care & Social Assistance · California
Tides Center CA$95.6M · 0.15%
Barton Healthcare System CA$92.7M · 0.08%
Dignity Health CA$88.7M · 0.04%
Clinica Sierra Vista CA$85.9M · 0.16%
Plum Healthcare Group, LLC CA$85.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942203861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.