Plan Ledger DOL Form 5500 · updated monthly

California Skin Institute, LLC401(k)

CALIFORNIA SKIN INSTITUTE 401K PROFIT SHARING PLAN · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

California Skin Institute, LLC reported $218,379 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,980 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 rose from 0.71% to 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,760th-largest of 9,483 plans among California employers on file, and the 2,864th of 11,911 in health care & social assistance. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 294 to 327 since 2022.

Plan summary
Net assets, end of year$28,870,570
Participants with balances490
Active participants327
Employer contributions$1,628,439
Employee contributions$1,593,079
Employer contribution per active participant$4,980
Average account balance$58,920
Benefits paid to participants$2,302,994
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 490 accts · $1.6M emplr
2023$24.2M · 575 accts · $1.6M emplr
2022$19.0M · 59 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,397
Total administrative$218,379
The California Skin Institute, LLC 401(k) match · 2024
Employer contribution per active participant$4,980
Median for plans this size$2,416
2024$4,980 per active participant
2023$4,790 per active participant
2022$4,776 per active participant

California Skin Institute, LLC's 2024 employer contribution ran above the $2,416 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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$10,076

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$218,379 · 0.82%
2023$162,457 · 0.75%
2022$140,017 · 0.71%
Same employer
Similar plansHealth Care & Social Assistance · California
Community Health Group CA$29.1M · 0.54%
Workcare, Inc. CA$28.9M · 0.67%
Nvision Eye Centers, LLC CA$28.9M · 0.64%
Marin Community Clinics CA$28.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814624756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.