Plan Ledger DOL Form 5500 · updated monthly

Agbu Manoogian-Demirdjian School401(k)

AGBU MANOOGIAN-DEMIRDJIAN SCHOOL 401(K) RETIREMENT PLAN · CANOGA PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Agbu Manoogian-Demirdjian School reported $33,986 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,369 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 0.73% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,878th of 9,483), and 7,695th of 11,911 in health care & social assistance. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,390,773
Participants with balances99
Active participants178
Employer contributions$243,610
Employee contributions$367,274
Employer contribution per active participant$1,369
Average account balance$54,452
Benefits paid to participants$225,389
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINSON & BLOODGOOD, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 99 accts · $244K emplr
2023$4.5M · 98 accts · $220K emplr
2022$3.5M · 96 accts · $183K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,731
Total administrative$33,986
The Agbu Manoogian-Demirdjian School 401(k) match · 2024
Employer contribution per active participant$1,369
Median for plans this size$1,313
2024$1,369 per active participant
2023$1,251 per active participant
2022$1,017 per active participant

Agbu Manoogian-Demirdjian School's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20242
ASCENSUS, LLC · Claims processing · Recordkeeping$26,394
NEWPORT GROUP · Recordkeeping · Loan processing$7,338

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

Recordkeeper by year2
2024Ascensus, Newport (Ascensus)
2023Ascensus, Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$33,986 · 0.69%
2023$28,397 · 0.71%
2022$27,334 · 0.73%
Similar plansHealth Care & Social Assistance · California
First Place for Youth CA$5.4M · 0.51%
Jamboor Medical Corp CA$5.4M · 0.90%
Coastline Resources, Inc. CA$5.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953042495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.