Plan Ledger DOL Form 5500 · updated monthly

California Vocations, Inc.403(b)

CALIFORNIA VOCATIONS, INC. EMPLOYER MATCHING RETIREMENT PLAN · CHICO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

California Vocations, Inc. reported $2,822 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $291 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 0.19% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,266th of 9,483), and 9,974th of 11,911 in health care & social assistance. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,101,042
Participants with balances101
Active participants164
Employer contributions$47,690
Employee contributions$121,797
Employer contribution per active participant$291
Average account balance$20,802
Benefits paid to participants$379,701
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON GROUP CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 101 accts · $48K emplr
2023$2.1M · 105 accts · $51K emplr
2022$1.7M · 105 accts · $58K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,822
Total administrative$2,822
Employer contributions to the California Vocations, Inc. plan · 2024
Employer contribution per active participant$291
Median for plans this size$1,313
2024$291 per active participant
2023$389 per active participant
2022$354 per active participant

California Vocations, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$2,822

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$2,822 · 0.14%
2023$3,061 · 0.16%
2022$3,393 · 0.19%
Similar plansHealth Care & Social Assistance · California
Jonbec Care, Inc. CA$2.1M · 0.79%
Becoming Independent CA$2.1M · 1.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680062031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.