Medical Clinic of Sacramento, Inc. 401(k) Review & Grade
Medical Clinic of Sacramento, Inc. 401(k) Plan
Sacramento, CAHealth Care & Social Assistance532 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$20,670Employer $ per active participant
$24,152Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$320.2MNet plan assets, end of year
$429,767Average balance per account
Score breakdown
- Employer generosity49.6 / 5099th percentile for employer $ per participant
- Low cost24.7 / 2599th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score89 / 100 · Grade A
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 99th |
| Employee saving | 100th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $68,629 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Medical Clinic of Sacramento put in about $20,670 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 | $10,986,238 |
| Participant (employee) contributions | $12,837,038 |
| Other contributions (incl. rollovers in) | $1,400,780 |
| Administrative expenses paid from the plan | $16,069 |
| Investment advisory & management fees | $36,564 |
| Benefits paid out | $9,790,384 |
| Net assets, start / end of year | $262.8M / $320.2M |
| Active participants, start / end of year | 521 / 542 |
| Participants with account balances | 745 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Walters & Sklyar LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $36,564 reported compensation |
| Cliftonlarsonallen LLP | $5,250 reported compensation |
| Fidelity Investments Institutional | −$24,332 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015183921NAL0002878243001, received 2025-10-15, EIN 94-2364338, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.