Plan Ledger DOL Form 5500 · updated monthly

Bay Area Legal Aid401(k)

SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF BAY AREA LEGAL AID · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bay Area Legal Aid reported $2,487 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,791 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 0.03% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,703rd-largest of 9,483 plans among California employers on file, and the 5,653rd of 11,654 in professional & technical services. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 131 to 151 since 2022.

Plan summary
Net assets, end of year$19,485,095
Participants with balances274
Active participants151
Employer contributions$572,476
Employee contributions$922,883
Employer contribution per active participant$3,791
Average account balance$71,113
Benefits paid to participants$1,383,563
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 274 accts · $572K emplr
2023$16.9M · 276 accts · $532K emplr
2022$13.5M · 242 accts · $431K emplr
The Bay Area Legal Aid 401(k) match · 2024
Employer contribution per active participant$3,791
Median for plans this size$2,416
2024$3,791 per active participant
2023$3,691 per active participant
2022$3,290 per active participant

Bay Area Legal Aid's 2024 employer contribution ran above the $2,416 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$3,221

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$2,487 · 0.01%
2023$1,394 · 0.01%
2022$4,502 · 0.03%
Same employer
Similar plansProfessional & Technical Services · California
Mirantis, Inc. CA$19.7M · 0.05%
Mineral, Inc. CA$19.6M · 0.01%
Blue Matter Consulting CA$19.4M · 0.13%
Employers Resource CA$19.3M · 1.12%
Gafcon, Inc. CA$19.3M · 0.01%
Tomra Sorting, Inc. CA$19.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941631316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.