Plan Ledger DOL Form 5500 · updated monthly

Borrego Community Health Foundation -401(k)

BORREGO HEALTH RETIREMENT PLAN - 401(K) · BORREGO SPRINGS, CA · plan year 2022

Reported admin expense ratio · 2022
3.40%

Borrego Community Health Foundation - reported $76,573 in plan administrative expenses for 2022: 3.40% of average plan assets, higher than ~90% 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,117th of 9,483), and 9,690th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,424,917
Participants with balances537
Active participants595
Employer contributions—
Employee contributions$1,932,990
Employer contribution per active participant—
Average account balance$4,516
Benefits paid to participants$1,065,578
Plan auditUnmodified (clean) audit opinion
AuditorVAZQUEZ AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$2.4M · 537 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$76,573
Total administrative$76,573
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$76,573 · 3.40%
Similar plansHealth Care & Social Assistance · California
Project Access, Inc. CA$2.5M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330440021 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.