Plan Ledger DOL Form 5500 · updated monthly

Alma Family Services403(b)

403(B) THRIFT PLAN FOR EMPLOYEES OF ALMA FAMILY SERVICES · MONTEREY PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Alma Family Services reported $3,022 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,727 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 rose from 0.01% to 0.04%. 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 (5,771st of 9,483), and 6,100th of 11,911 in health care & social assistance. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 165 to 230 since 2022.

Plan summary
Net assets, end of year$8,873,816
Participants with balances325
Active participants230
Employer contributions$397,098
Employee contributions$570,257
Employer contribution per active participant$1,727
Average account balance$27,304
Benefits paid to participants$179,541
Plan auditUnmodified (clean) audit opinion
AuditorVASQUEZ AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 325 accts · $397K emplr
2023$7.2M · 270 accts · $345K emplr
2022$5.9M · 252 accts · $296K emplr
The Alma Family Services 401(k) match · 2024
Employer contribution per active participant$1,727
Median for plans this size$1,313
2024$1,727 per active participant
2023$1,740 per active participant
2022$1,794 per active participant

Alma Family Services'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,775

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$3,022 · 0.04%
2023$2,479 · 0.04%
2022$469 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · California
Total Vision LLC CA$9.0M · 0.70%
Masada Homes CA$9.0M · 0.51%
Stanford Youth Solutions CA$8.9M · 0.56%
Principles, Inc. CA$8.9M · 0.12%
Ck Franchising, Inc. CA$8.8M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952959331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.