Plan Ledger DOL Form 5500 · updated monthly

California Health Sciences University401(k)

CHSU 401(K) PLAN · CLOVIS, CA · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

California Health Sciences University reported $24,432 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $3,093 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 0.41% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (6,171st of 9,483), and 2,294th of 3,091 in educational services. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,535,364
Participants with balances150
Active participants117
Employer contributions$361,847
Employee contributions$830,000
Employer contribution per active participant$3,093
Average account balance$50,236
Benefits paid to participants$777,367
Plan auditUnmodified (clean) audit opinion
AuditorDRITSAS GROOM MCCORMICK, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 150 accts · $362K emplr
2023$6.1M · 137 accts · $341K emplr
2022$4.4M · 126 accts · $300K emplr
Administrative expenses, itemized · 2024
Investment management$24,432
Total administrative$24,432
The California Health Sciences University 401(k) match · 2024
Employer contribution per active participant$3,093
Median for plans this size$1,313
2024$3,093 per active participant
2023$2,750 per active participant
2022$2,586 per active participant

California Health Sciences University's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 · 20242
TRANSAMERICA LIFE INSURANCE CO. · Recordkeeping · Loan processing$22,507
NEXUS ADMINISTRATORS, INC. · Recordkeeping · Loan processing$1,925

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

Recordkeeper by year2
2024NEXUS ADMINISTRATORS, INC., Transamerica
2023NEXUS ADMINISTRATORS, INC., Transamerica

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Administrative cost history3
2024$24,432 · 0.36%
2023$20,596 · 0.39%
2022$19,190 · 0.41%
Same employer
Similar plansEducational Services · California
Black Pine Circle, Inc. CA$8.0M · 0.84%
The Wesley School CA$7.7M · 0.00%
Caliber Public Schools CA$7.6M · 0.79%
Heights Christian Schools CA$7.4M · 0.16%
Presidio Knolls School CA$7.4M · 0.68%
Maranatha High School CA$6.8M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454846058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.