Desert Physicians Management L 401(k) match, vesting and fees
What Desert Physicians Management L's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Paychex, Inc. | Schedule C ↗ |
| Independent auditor | Lawrence R Mitchell & Co Cpas (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Desert Physicians Management L: employer contribution per participant | $1,428 | |
| Peer median | $1,468 |
| Desert Physicians Management L: average balance | $22,043 | |
| Peer median | $37,786 |
| Desert Physicians Management L: admin expenses ÷ assets | 0.60% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $3.7M at the end of plan year 2021 to $5.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 350 | $5.9M | $380K | $1,428 | 0.60% | Not published | Form 5500 ↗ |
| 2023 | 355 | $5.6M | $414K | $1,599 | 0.40% | Not published | Form 5500 ↗ |
| 2022 | 312 | $4M | $339K | $1,461 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 247 | $3.7M | $252K | $1,345 | 0.24% | Not published | Form 5500 ↗ |
Common questions
Does Desert Physicians Management L match 401(k) contributions?
The match terms for the Desert Physicians Management L 401(k) Profit Sharing Plan & Trust have not been published from its filing yet. The plan year 2024 filing reports $380K in employer contributions, about $1,428 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Desert Physicians Management L 401(k) match vested?
The vesting schedule for the Desert Physicians Management L 401(k) Profit Sharing Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Desert Physicians Management L 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Paychex, Inc.. The plan administrator is Desert Physicians Management L.
I left Desert Physicians Management L. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Desert Physicians Management L, (760) 242-7777) or the recordkeeper, Paychex, Inc.. The Desert Physicians Management L old 401(k) page lists the contacts from every plan filing. Find an old Desert Physicians Management L 401(k)
Data from the public Form 5500 annual reports Desert Physicians Management L filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Desert Physicians Management L. Not financial advice. Report a correction · Methodology