Plan Ledger DOL Form 5500 · updated monthly

California Thoroughbred TrainersProfit-sharing plan

CALIFORNIA THOROUGHBRED TRAINERS BACKSTRETCH EMPLOYEES' RETIREMENT SAVINGS PENSION PLAN · ARCADIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

California Thoroughbred Trainers reported $147,518 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,465 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 2.50% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 3,160th-largest of 9,483 plans among California employers on file, and the 892nd of 3,341 in other services. active participation has shrunk from 1,296 to 933 since 2022.

Plan summary
Net assets, end of year$24,403,285
Participants with balances1,163
Active participants933
Employer contributions$2,300,000
Employee contributions—
Employer contribution per active participant$2,465
Average account balance$20,983
Benefits paid to participants$1,326,706
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 1,163 accts · $2.3M emplr
2023$21.5M · 1,284 accts · $3.9M emplr
2022$16.4M · 1,603 accts · $960K emplr
Employer contributions to the California Thoroughbred Trainers plan · 2024
Employer contribution per active participant$2,465
Median for plans this size$2,416
2024$2,465 per active participant
2023$4,505 per active participant
2022$741 per active participant

California Thoroughbred Trainers's 2024 employer contribution ran above 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
ASCENSUS C/O FUTURE PLAN · Other servicesindirect comp

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$147,518 · 0.64%
2023$370,505 · 1.95%
2022$434,832 · 2.50%
Similar plansOther Services · California
Seiu Local 1021 CA$25.4M · 0.08%
Western Precooling Systems CA$24.0M · 0.62%
Options for Learning CA$23.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953946289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.