Plan Ledger DOL Form 5500 · updated monthly

Acclaim Professional Healthcare401(k)

ACCLAIM PROFESSIONAL HEALTHCARE 401(K) PROFIT SHARING PLAN & TRUST · SAN RAFAEL, CA · plan year 2024

Reported admin expense ratio · 2024
3.02%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Acclaim Professional Healthcare reported $12,365 in plan administrative expenses for 2024: 3.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 5.86% to 3.02%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (9,109th of 9,483), and 11,411th of 11,911 in health care & social assistance. active participation has shrunk from 1,072 to 320 since 2022.

Plan summary
Net assets, end of year$450,916
Participants with balances250
Active participants320
Employer contributions$0
Employee contributions$128,758
Employer contribution per active participant$0
Average account balance$1,804
Benefits paid to participants$77,701
Plan auditUnmodified (clean) audit opinion
AuditorMIKE AVERSANO CPA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$451K · 250 accts
2023$369K · 248 accts
2022$214K · 238 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,665
Investment management$1,840
Trustee / custodial$860
Total administrative$12,365
The Acclaim Professional Healthcare 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Acclaim Professional Healthcare's 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$7,645

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

Administrative cost history3
2024$12,365 · 3.02%
2023$9,847 · 3.38%
2022$8,990 · 5.86%
Similar plansHealth Care & Social Assistance · California
Atlas Lift Tech, Inc. CA$468K · 0.87%
The Testing Company LLC CA$461K · 1.05%
Nyman Associates, Inc. CA$437K · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 273663766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.