Plan Ledger DOL Form 5500 · updated monthly

Catalight Foundation403(b)

CATALIGHT FOUNDATION 403(B) PLAN · WALNUT CREEK, 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

Catalight Foundation reported $135,871 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,359 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 0.48% 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 2,986th-largest of 9,483 plans among California employers on file, and the 3,058th of 11,911 in health care & social assistance. In 2024, employees put in $3.45 for every $1.00 the employer contributed; active participation has grown from 703 to 797 since 2022.

Plan summary
Net assets, end of year$26,228,463
Participants with balances681
Active participants797
Employer contributions$1,083,315
Employee contributions$3,739,899
Employer contribution per active participant$1,359
Average account balance$38,515
Benefits paid to participants$5,903,963
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.2M · 681 accts · $1.1M emplr
2023$24.1M · 497 accts · $1.1M emplr
2022$16.8M · 425 accts · $664K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,871
Total administrative$135,871
Employer contributions to the Catalight Foundation plan · 2024
Employer contribution per active participant$1,359
Median for plans this size$2,416
2024$1,359 per active participant
2023$1,331 per active participant
2022$945 per active participant

Catalight Foundation'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$135,812
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)indirect 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$135,871 · 0.54%
2023$105,814 · 0.52%
2022$76,836 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · California
Wellspace Health CA$26.3M · 0.41%
Arch Health Partners CA$26.3M · 0.58%
Fred Finch Youth Center CA$26.1M · 0.80%
Ascend Clinical, LLC CA$25.9M · 0.10%
Vep Healthcare, Inc. CA$25.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943120231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.