Plan Ledger DOL Form 5500 · updated monthly

Ararat Home of Los Angeles403(b)

ARARAT HOME RETIREMENT PLAN · MISSION HILLS, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Ararat Home of Los Angeles reported $37,156 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $318 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 0.55%. 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 (6,309th of 9,483), and 6,840th of 11,911 in health care & social assistance. In 2024, employees put in $3.39 for every $1.00 the employer contributed; active participation has grown from 426 to 572 since 2022.

Plan summary
Net assets, end of year$7,071,391
Participants with balances481
Active participants572
Employer contributions$181,709
Employee contributions$615,814
Employer contribution per active participant$318
Average account balance$14,701
Benefits paid to participants$850,370
Plan auditUnmodified (clean) audit opinion
AuditorYSR CPA GROUP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 481 accts · $182K emplr
2023$6.4M · 68 accts · $130K emplr
2022$5.6M · 71 accts · $101K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,441
Investment management$1,715
Total administrative$37,156
Employer contributions to the Ararat Home of Los Angeles plan · 2024
Employer contribution per active participant$318
Median for plans this size$1,313
2024$318 per active participant
2023$315 per active participant
2022$238 per active participant

Ararat Home of Los Angeles's 2024 employer contribution ran below the $1,313 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 · 20244
RELATION INSURANCE SERVICES OF CALI · Contract administrator$6,810
EMPOWER ADVISORY GROUP, LLC · Investment management$1,715
OSAIC WEALTH, INCindirect comp

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$37,156 · 0.55%
2023$4,790 · 0.08%
2022$420 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · California
Artesia Christian Home CA$7.2M · 0.86%
Hope Services CA$7.1M · 0.38%
Cap Diagnostics LLC CA$7.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951809572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.