Plan Ledger DOL Form 5500 · updated monthly

Careonsite Management, Inc.401(k)

CAREONSITE MANAGEMENT, INC. EMPLOYEES' 401(K) & PROFIT SHARING PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Careonsite Management, Inc. reported $78,135 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,371 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 0.79% to 0.54%. 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 4,248th-largest of 9,483 plans among California employers on file, and the 4,329th of 11,911 in health care & social assistance. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has grown from 401 to 476 since 2022.

Plan summary
Net assets, end of year$15,877,042
Participants with balances501
Active participants476
Employer contributions$652,460
Employee contributions$1,956,346
Employer contribution per active participant$1,371
Average account balance$31,691
Benefits paid to participants$1,592,007
Plan auditUnmodified (clean) audit opinion
AuditorJMK CPA PARTNERS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 501 accts · $652K emplr
2023$13.1M · 322 accts · $718K emplr
2022$9.2M · 323 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,135
Total administrative$78,135
The Careonsite Management, Inc. 401(k) match · 2024
Employer contribution per active participant$1,371
Median for plans this size$2,416
2024$1,371 per active participant
2023$1,521 per active participant
2022$891 per active participant

Careonsite Management, Inc.'s 2024 employer contribution ran below 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
ACCELERATE INVESTMENT ADVISORS LLC · Investment advisory (plan)$41,580

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$78,135 · 0.54%
2023$59,613 · 0.54%
2022$73,398 · 0.79%
Same employer
Similar plansHealth Care & Social Assistance · California
Orthowest CA$16.2M · 0.16%
Kidango, Inc. CA$16.2M · 0.01%
Cogir Management USA, Inc. CA$16.0M · 1.23%
Self Help for the Elderly CA$15.9M · 0.01%
Wayfinder Family Services CA$15.7M · 0.65%
Beta Bionics, Inc. CA$15.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881146270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.