Plan Ledger DOL Form 5500 · updated monthly

California Retina Consultants401(k)

CALIFORNIA RETINA CONSULTANTS 401(K) PLAN · SANTA BARBARA, CA · plan year 2021

Reported admin expense ratio · 2021
0.03%

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

California Retina Consultants reported $4,440 in plan administrative expenses for 2021: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,867 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 rose from 0.026% to 0.031%. The plan sits in the $10M–$50M size bracket, benchmarked here against 109 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 4,412th-largest of 9,483 plans among California employers on file, and the 4,521st of 11,911 in health care & social assistance. In 2021, the employer put in $1.63 for every $1.00 employees contributed themselves; active participation has grown from 93 to 108 since 2018.

Plan summary
Net assets, end of year$14,848,861
Participants with balances154
Active participants108
Employer contributions$633,686
Employee contributions$389,589
Employer contribution per active participant$5,867
Average account balance$96,421
Benefits paid to participants$1,661,022
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2022$0
2021$14.8M · 154 accts · $634K emplr
2020$13.8M · 136 accts · $636K emplr
2019$14.6M · 127 accts · $559K emplr
2018$11.5M · 149 accts · $556K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$4,440
Total administrative$4,440
The California Retina Consultants 401(k) match · 2021
Employer contribution per active participant$5,867
Median for plans this size$2,122
2021$5,867 per active participant
2020$5,781 per active participant
2019$5,586 per active participant
2018$5,981 per active participant

California Retina Consultants's 2021 employer contribution ran above the $2,122 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history5
2022Not separately reported
2021$4,440 · 0.03%
2020$800 · 0.01%
2019$1,640 · 0.01%
2018$3,007 · 0.03%
Similar plansHealth Care & Social Assistance · California
Isys Solutions, Inc. CA$15.0M · 0.67%
United Way of the Bay Area CA$14.9M · 0.04%
Elder Care Alliance CA$14.8M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 223697030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.