GMG Health Systems, LTD. DBA Gonzaba Medical Group 401(k) Review & Grade
Gonzaba Medical Group 401(k) Plan
San Antonio, TXHealth Care & Social Assistance884 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,901Employer $ per active participant
$3,735Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$38.8MNet plan assets, end of year
$62,761Average balance per account
Score breakdown
- Employer generosity34.7 / 5069th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving9.7 / 1565th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 69th |
| Lower admin cost | 63th |
| Employee saving | 65th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- GMG Health Systems, LTD. DBA Gonzaba Medical Group put in about $1,901 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,679,465 |
| Participant (employee) contributions | $3,300,049 |
| Other contributions (incl. rollovers in) | $251,327 |
| Administrative expenses paid from the plan | $53,355 |
| Investment advisory & management fees | $57,781 |
| Benefits paid out | $3,349,457 |
| Net assets, start / end of year | $32.7M / $38.8M |
| Active participants, start / end of year | 834 / 933 |
| Participants with account balances | 619 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Frost Bank | $57,781 reported compensation |
| Fidelity Investments Institutional | −$7,576 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250925075626NAL0011795746001, received 2025-09-25, EIN 74-2959213, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.