Plan Ledger DOL Form 5500 · updated monthly

California Jockey Retirement BoardProfit-sharing plan

CALIFORNIA HORSE RACING BOARD DEFINED CONTRIBUTION RETIREMENT PLAN FOR CALIFORNIA LICENSED JOCKEYS · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

California Jockey Retirement Board reported $88,414 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,984 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 0.73% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 4,289th-largest of 9,483 plans among California employers on file, and the 497th of 1,311 in arts, entertainment & recreation.

Plan summary
Net assets, end of year$15,634,954
Participants with balances517
Active participants506
Employer contributions$1,004,147
Employee contributions—
Employer contribution per active participant$1,984
Average account balance$30,242
Benefits paid to participants$436,051
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 517 accts · $1.0M emplr
2023$13.8M · 498 accts · $1.0M emplr
2022$11.6M · 504 accts · $1000K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,269
Investment management$5,850
Audit (IQPA)$32,300
Total administrative$88,414
Employer contributions to the California Jockey Retirement Board plan · 2024
Employer contribution per active participant$1,984
Median for plans this size$2,416
2024$1,984 per active participant
2023$2,075 per active participant
2022$1,845 per active participant

California Jockey Retirement Board'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 · 20244
MILLER KAPLAN ARASE LLP · Accounting / audit$31,300
PENTEGRA SERVICES, INC. · Contract administrator$6,695
INSURANCE OFFICE OF AMERICA$4,995

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

Administrative cost history3
2024$88,414 · 0.60%
2023$77,787 · 0.61%
2022$89,237 · 0.73%
Similar plansArts, Entertainment & Recreation · California
ALL3MEDIA USA, Inc. CA$16.8M · 0.40%
Scott D Boras CA$16.7M · 0.63%
Los Angeles Opera Company CA$16.1M · 0.54%
Fusefx Corp. CA$15.5M · 0.57%
Hillcrest Country Club CA$15.1M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680281489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.