Plan Ledger DOL Form 5500 · updated monthly

California Northstate University LLC401(k)

CALIFORNIA NORTHSTATE UNIVERSITY LLC 401K PROFIT SHARING PLAN · ELK GROVE, CA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

California Northstate University LLC reported $104,876 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,586 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 3 years on file its reported administrative ratio has held roughly steady near 0.88%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (4,817th of 9,483), and 1,926th of 3,091 in educational services. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 257 to 395 since 2022.

Plan summary
Net assets, end of year$12,764,017
Participants with balances339
Active participants395
Employer contributions$626,341
Employee contributions$1,104,250
Employer contribution per active participant$1,586
Average account balance$37,652
Benefits paid to participants$1,312,195
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 339 accts · $626K emplr
2023$11.2M · 319 accts · $512K emplr
2022$8.5M · 268 accts · $503K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,876
Total administrative$104,876
The California Northstate University LLC 401(k) match · 2024
Employer contribution per active participant$1,586
Median for plans this size$2,416
2024$1,586 per active participant
2023$1,502 per active participant
2022$1,958 per active participant

California Northstate University LLC'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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$5,343
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$2,357

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$104,876 · 0.88%
2023$86,546 · 0.88%
2022$79,373 · 0.89%
Similar plansEducational Services · California
Almaden Country Day School CA$12.9M · 0.01%
Mathnasium LLC CA$12.1M · 0.42%
Laurence School CA$12.0M · 0.20%
New Roads School CA$11.9M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900781371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.