Plan Ledger DOL Form 5500 · updated monthly

California State University, Fresno Foundation401(k)

CALIFORNIA STATE UNIVERSITY, FRESNO FOUNDATION 401(K) PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

California State University, Fresno Foundation reported $118,773 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $817 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 0.77% to 0.67%. 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 the 3,794th-largest of 9,483 plans among California employers on file, and 1,632nd of 3,091 in educational services. In 2024, the employer put in $1.63 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$18,800,932
Participants with balances511
Active participants1,323
Employer contributions$1,081,509
Employee contributions$664,650
Employer contribution per active participant$817
Average account balance$36,792
Benefits paid to participants$1,923,811
Plan auditUnmodified (clean) audit opinion
AuditorMOORE GRIDER & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 511 accts · $1.1M emplr
2023$16.8M · 510 accts · $1.0M emplr
2022$14.8M · 470 accts · $877K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$118,773
Total administrative$118,773
The California State University, Fresno Foundation 401(k) match · 2024
Employer contribution per active participant$817
Median for plans this size$2,416
2024$817 per active participant
2023$770 per active participant
2022$680 per active participant

California State University, Fresno Foundation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
LPL FINANCIAL, LLC · Investment advisory (plan)$42,582
NEXUS ADMINISTRATORS, INC. · Contract administrator$23,198

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$118,773 · 0.67%
2023$123,590 · 0.78%
2022$107,185 · 0.77%
Similar plansEducational Services · California
Sonoma Academy CA$19.4M · 0.25%
Drew School CA$18.8M · 0.02%
Prospect Sierra School CA$18.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 946003272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.