Plan Ledger DOL Form 5500 · updated monthly

Centre for Neuro Skills401(k)

CENTRE FOR NEURO SKILLS 401(K) RETIREMENT PLAN · BAKERSFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Centre for Neuro Skills reported $258,180 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,349 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 0.34% to 0.49%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,633rd-largest of 9,483 plans among California employers on file, and the 1,720th of 11,911 in health care & social assistance. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has grown from 807 to 986 since 2022.

Plan summary
Net assets, end of year$55,428,725
Participants with balances1,407
Active participants986
Employer contributions$1,329,877
Employee contributions$3,876,258
Employer contribution per active participant$1,349
Average account balance$39,395
Benefits paid to participants$5,544,810
Plan auditUnmodified (clean) audit opinion
AuditorBARBICH HOOPER KING DILL HOFFMAN
Plan history3
Yearassets · accounts · employer contribution
2024$55.4M · 1,407 accts · $1.3M emplr
2023$49.5M · 1,311 accts · $1.4M emplr
2022$39.7M · 1,177 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,092
Total administrative$258,180
The Centre for Neuro Skills 401(k) match · 2024
Employer contribution per active participant$1,349
Median for plans this size$3,635
2024$1,349 per active participant
2023$1,453 per active participant
2022$1,543 per active participant

Centre for Neuro Skills's 2024 employer contribution ran below the $3,635 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 · 20243
TRI-AD ACTUARIES, INC. · Contract administrator · Recordkeeping$228,743
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping · Loan processing$10,092
CHARLES SCHWAB INVESTMENT · Investment advisory (plan)$19,357

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

Recordkeeper by year2
2024John Hancock, TRI-AD ACTUARIES, INC.
2023TRI-AD ACTUARIES, INC.

This plan has changed recordkeepers within these filings. If you left Centre for Neuro Skills before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$258,180 · 0.49%
2023$160,956 · 0.36%
2022$149,860 · 0.34%
Same employer
Similar plansHealth Care & Social Assistance · California
Family Healthcare Network CA$55.6M · 0.61%
Casa Colina, Inc. CA$54.6M · 0.28%
Caredx, Inc. CA$54.1M · 0.07%
Annadel Medical Group, Inc. CA$53.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953523988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.