Plan Ledger DOL Form 5500 · updated monthly

Brethren Hillcrest Homes403(b)

BRETHREN HILLCREST HOMES 403(B) PLAN · LAVERNE, 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

Brethren Hillcrest Homes reported $57,623 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,656 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 4 years on file its reported administrative ratio fell from 0.58% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,122nd of 9,483), and the 5,340th of 11,911 in health care & social assistance. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 241 to 271 since 2020.

Plan summary
Net assets, end of year$11,345,113
Participants with balances221
Active participants271
Employer contributions$448,820
Employee contributions$466,999
Employer contribution per active participant$1,656
Average account balance$51,335
Benefits paid to participants$430,593
Plan auditDisclaimer of opinion
AuditorHANSEN, HUNTER & CO., P.C.
Plan history4
Yearassets · accounts · employer contribution
2024$11.3M · 221 accts · $449K emplr
2023$9.7M · 225 accts · $316K emplr
2022$8.6M · 220 accts · $288K emplr
2020$9.0M · 231 accts · $317K emplr
Administrative expenses, itemized · 2024
Investment management$57,373
Total administrative$57,623
Employer contributions to the Brethren Hillcrest Homes plan · 2024
Employer contribution per active participant$1,656
Median for plans this size$2,416
2024$1,656 per active participant
2023$1,606 per active participant
2022$1,196 per active participant
2020$1,314 per active participant

Brethren Hillcrest Homes's 2024 employer contribution ran below 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 · 20246
WORLD INVESTMENT ADVISORS, LLC · Plan administrator$39,264
NATIONWIDE$32,395
PEERY & ASSOCIATES, INC. · Plan administrator$8,400
IRON-CO FINANCIAL · Investment advisory (plan)$5,260
NATIONWIDE LIFE INSURANCE CO. · Investment advisory (plan)$2,104
LINCOLN FINANCIAL ADVISORS · Contract administrator$75

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

Administrative cost history4
2024$57,623 · 0.55%
2023$70,864 · 0.78%
2022$83,861 · 0.90%
2020$48,931 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · California
Camino Health Center CA$11.4M · 0.02%
Essential Access Health CA$11.3M · 0.02%
Asian American Drug Abuse CA$11.3M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951809564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.