Plan Ledger DOL Form 5500 · updated monthly

Bay Area Community Resources401(k)

BAY AREA COMMUNITY 401(K) PROFIT SHARING PLAN & TRUST · SAN RAFAEL, CA · plan year 2023

Reported admin expense ratio · 2023
0.89%

Bay Area Community Resources reported $40,991 in plan administrative expenses for 2023: 0.89% of average plan assets, higher than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.83% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,888th of 9,483), and 7,715th of 11,911 in health care & social assistance. active participation has grown from 657 to 734 since 2022.

Plan summary
Net assets, end of year$5,362,494
Participants with balances520
Active participants734
Employer contributions—
Employee contributions$1,088,025
Employer contribution per active participant—
Average account balance$10,312
Benefits paid to participants$184,881
Plan auditUnmodified (clean) audit opinion
AuditorCAROLYN A. MAYES, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$5.4M · 520 accts
2022$3.8M · 372 accts
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,849
FERMATA ADVISORS, LLC · Investment advisory (participants)$16,405

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024Not separately reported
2023$40,991 · 0.89%
2022$34,312 · 0.83%
Same employer
Similar plansHealth Care & Social Assistance · California
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 942346815 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.