Plan Ledger DOL Form 5500 · updated monthly

California Family Life Center401(k)

CALIFORNIA FAMILY LIFE CENTER 401(K) PROFIT SHARING PLAN & TRUST · HEMET, CA · plan year 2023

Reported admin expense ratio · 2023
0.57%

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

California Family Life Center reported $18,516 in plan administrative expenses for 2023: 0.57% of average plan assets, above the peer median. Employer contributions averaged $654 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 has held roughly steady near 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,589th of 9,483), and 8,868th of 11,911 in health care & social assistance. In 2023, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,558,548
Participants with balances45
Active participants136
Employer contributions$89,002
Employee contributions$208,614
Employer contribution per active participant$654
Average account balance$79,079
Benefits paid to participants$150,793
Plan auditUnmodified (clean) audit opinion
AuditorWIEGEL, SZEKEL & FRISBY
Plan history2
Yearassets · accounts · employer contribution
2023$3.6M · 45 accts · $89K emplr
2022$3.0M · 47 accts · $86K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,516
Total administrative$18,516
The California Family Life Center 401(k) match · 2023
Employer contribution per active participant$654
Median for plans this size$1,308
2023$654 per active participant
2022$755 per active participant

California Family Life Center's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping$1,014

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

Administrative cost history2
2023$18,516 · 0.57%
2022$18,478 · 0.56%
Similar plansHealth Care & Social Assistance · California
Monte Vista Grove Homes CA$3.6M · 0.80%
Suneva Medical, Inc. CA$3.5M · 0.63%
North County Lifeline CA$3.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953699116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.