Plan Snapshot
- Plan Sponsor: Avors Medical Group
- Sponsor EIN: 261250331
- Sponsor Address: 42135 10TH STREET W, LANCASTER, CA, 93534
- Plan Type: 401(k)
- Total Participants: 62
- Total Assets: $1.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 62 | $1.4M | $200,487 | $40,542 |
| 2023 | 53 | $1.3M | $201,389 | $19,756 |
| 2022 | 125 | $953,764 | $278,864 | $14,130 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SOREN MCADAM LLP | AUDITOR | $30,083 | — | $30,083 |
| STANCORP FINANCIAL GROUP | RECORDKEEPER | $29,969 | — | $29,969 |
| DYNAMIC WEALTH ADVISORS | ADVISOR | $23,674 | — | $23,674 |
| THE RYDING COMPANY | TPA | $10,740 | $541 | $11,281 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SOREN MCADAM LLP — AUDITOR
- STANCORP FINANCIAL GROUP — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,007
- Estimated Expense Ratio: 6.716% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $100,466 | $23,674 | $10,740 | $30,083 | — |
| 2023 | $14,324 | — | $14,324 | — | — |
| 2022 | — | — | — | — | — |