Plan Ledger DOL Form 5500 · updated monthly

Alternative Family Services, Inc.403(b)

ALTERNATIVE FAMILY SERVICES TAX SHELTERED ANNUITY PLAN · SANTA ROSA, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Alternative Family Services, Inc. reported $23,383 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $1,732 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 0.11% to 0.43%. 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 (6,688th of 9,483), and 7,378th of 11,911 in health care & social assistance. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 99 to 124 since 2022.

Plan summary
Net assets, end of year$5,951,968
Participants with balances238
Active participants124
Employer contributions$214,797
Employee contributions$390,841
Employer contribution per active participant$1,732
Average account balance$25,008
Benefits paid to participants$318,100
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 238 accts · $215K emplr
2023$4.9M · 221 accts · $184K emplr
2022$5.3M · 182 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,383
Total administrative$23,383
Employer contributions to the Alternative Family Services, Inc. plan · 2024
Employer contribution per active participant$1,732
Median for plans this size$1,313
2024$1,732 per active participant
2023$1,485 per active participant

Alternative Family Services, Inc.'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
VOYA$20,342
FIDELITY$3,041

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$23,383 · 0.43%
2023$10,248 · 0.20%
2022$6,156 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · California
Faces Sf CA$6.0M · 0.74%
Good Samaritan Shelter CA$6.0M · 0.19%
Exer Holding Company LLC CA$5.9M · 0.40%
Opco Ca Skilled Mgmt Inc. CA$5.8M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942427088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.