Plan Ledger DOL Form 5500 · updated monthly

Woodland Clinic Medical Group, a Medical Corporation401(k)

WOODLAND CLINIC MEDICAL GROUP 401(K) PLAN · WOODLAND, CA · plan year 2024

Employer contribution per participant · 2024
$22,778

Woodland Clinic Medical Group, a Medical Corporation's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $100,898,644 across 213 participant accounts, with employer contributions averaging $22,778 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.03% to 0.01%. 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 996th-largest of 9,483 plans among California employers on file, and the 1,097th of 11,911 in health care & social assistance. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$100,898,644
Participants with balances213
Active participants154
Employer contributions$3,507,879
Employee contributions$3,306,453
Employer contribution per active participant$22,778
Average account balance$473,703
Benefits paid to participants$11,861,606
Plan auditUnmodified (clean) audit opinion
AuditorWALTERS & SKLYAR LLP
Plan history3
Yearassets · accounts · employer contribution
2024$100.9M · 213 accts · $3.5M emplr
2023$91.0M · 207 accts · $3.5M emplr
2022$79.6M · 211 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Investment management$4,423
Total administrative-$1,900
The Woodland Clinic Medical Group, a Medical Corporation 401(k) match · 2024
Employer contribution per active participant$22,778
Median for plans this size$3,635
2024$22,778 per active participant
2023$22,169 per active participant
2022$20,203 per active participant

Woodland Clinic Medical Group, a Medical Corporation'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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024Not separately reported
2023$4,288 · 0.01%
2022$21,803 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · California
Packard Medical Group, Inc. CA$102.6M · 0.03%
Cottage Health CA$102.0M · 0.26%
Asian Health Services CA$101.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680260555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.