Plan Ledger DOL Form 5500 · updated monthly

Baywood Court403(b)

BAYWOOD COURT EMPLOYEE SAVINGS PLAN · CASTRO VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Baywood Court reported $59,326 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $1,734 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 3 years on file its reported administrative ratio has held roughly steady near 0.656%. 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 (5,454th of 9,483), and the 5,703rd of 11,911 in health care & social assistance. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,988,303
Participants with balances151
Active participants222
Employer contributions$384,929
Employee contributions$771,071
Employer contribution per active participant$1,734
Average account balance$66,148
Benefits paid to participants$549,213
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 151 accts · $385K emplr
2023$8.1M · 153 accts · $286K emplr
2022$5.9M · 136 accts · $243K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,326
Total administrative$59,326
Employer contributions to the Baywood Court plan · 2024
Employer contribution per active participant$1,734
Median for plans this size$1,313
2024$1,734 per active participant
2023$1,334 per active participant
2022$1,170 per active participant

Baywood Court'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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$52,645
RELATION INSURANCE SERVICES OF CALI · Contract administrator · Other services$6,680
RELATION WEALTH MANAGEMENT, INC. · Investment advisory (plan)indirect comp
KESTRA ADVISORY SERVICES · Investment advisory (plan)indirect comp
WILLSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$59,326 · 0.66%
2023$46,198 · 0.66%
2022$34,467 · 0.66%
Same employer
Similar plansHealth Care & Social Assistance · California
Bolsa Medical Group CA$10.1M · 0.08%
Creative Alternatives, Inc. CA$10.0M · 0.58%
Peach Tree Healthcare CA$10.0M · 0.61%
The Arc of San Diego CA$9.9M · 0.04%
Tempus, LLC CA$9.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942940176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.