Plan Ledger DOL Form 5500 · updated monthly

California Fair Plan Association401(k)

ICSO 401K SAVINGS PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

California Fair Plan Association reported $3,775 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,434 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 0.021% to 0.018%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 3,415th-largest of 9,483 plans among California employers on file, and 2,917th of 4,798 in finance & insurance. In 2024, employees put in $1.71 for every $1.00 the employer contributed; active participation has grown from 183 to 231 since 2022.

Plan summary
Net assets, end of year$21,847,889
Participants with balances192
Active participants231
Employer contributions$793,293
Employee contributions$1,353,734
Employer contribution per active participant$3,434
Average account balance$113,791
Benefits paid to participants$2,351,743
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.8M · 192 accts · $793K emplr
2023$19.5M · 155 accts · $657K emplr
2022$15.4M · 147 accts · $566K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,525
Total administrative$3,775
The California Fair Plan Association 401(k) match · 2024
Employer contribution per active participant$3,434
Median for plans this size$2,416
2024$3,434 per active participant
2023$3,336 per active participant
2022$3,093 per active participant

California Fair Plan Association'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.

Administrative cost history3
2024$3,775 · 0.02%
2023$3,750 · 0.02%
2022$3,283 · 0.02%
Same employer
Similar plansFinance & Insurance · California
Ventura County Credit Union CA$22.1M · 0.46%
Patra Corporation CA$21.5M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952553538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.