Plan Ledger DOL Form 5500 · updated monthly

Central Valley Training Center401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF CENTRAL VALLEY TRAINING CENTER, INC. · STOCKTON, CA · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Central Valley Training Center reported $2,843 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $353 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 0.06% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,254th of 9,483), and 8,309th of 11,911 in health care & social assistance. In 2023, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 367 to 425 since 2022.

Plan summary
Net assets, end of year$4,340,474
Participants with balances820
Active participants425
Employer contributions$150,033
Employee contributions$366,783
Employer contribution per active participant$353
Average account balance$5,293
Benefits paid to participants$376,236
Plan auditUnmodified (clean) audit opinion
AuditorBOWMAN AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 497 accts · $232K emplr
2023$4.3M · 820 accts · $150K emplr
2022$3.6M · 784 accts · $125K emplr
The Central Valley Training Center 401(k) match · 2023
Employer contribution per active participant$353
Median for plans this size$1,308
2024$502 per active participant
2023$353 per active participant
2022$341 per active participant

Central Valley Training Center's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,843

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,536 · 0.23%
2023$2,843 · 0.07%
2022$2,251 · 0.06%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 942806391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.