Plan Ledger DOL Form 5500 · updated monthly

Centro de Salud Familiar la Fe, Inc403(b)

CENTRO DE SALUD FAMILIAR LA FE, INC. 403(B) PLAN · EL PASO, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Centro de Salud Familiar la Fe, Inc reported $34,122 in plan administrative expenses for 2024: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,154 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 1.41% to 0.39%. 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 Texas (3,174th of 5,688), and 5,962nd of 11,911 in health care & social assistance. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 236 to 269 since 2022.

Plan summary
Net assets, end of year$9,254,875
Participants with balances322
Active participants269
Employer contributions$310,351
Employee contributions$436,841
Employer contribution per active participant$1,154
Average account balance$28,742
Benefits paid to participants$877,005
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 322 accts · $310K emplr
2023$8.4M · 323 accts · $433K emplr
2022$7.8M · 316 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,122
Total administrative$34,122
Employer contributions to the Centro de Salud Familiar la Fe, Inc plan · 2024
Employer contribution per active participant$1,154
Median for plans this size$1,313
2024$1,154 per active participant
2023$1,686 per active participant
2022$1,046 per active participant

Centro de Salud Familiar la Fe, Inc's 2024 employer contribution ran below the $1,313 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 · 20243
NATIONWIDE LIFE INSURANCE COMPANY · Claims processing · Contract administrator$3,792
PENSION PLANNING CONSULTANTS, INC. · Claims processing · Contract administrator$32,748
MORGAN STANLEY SMITH BARNEY, LLC · Investment advisory (participants) · 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.

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$34,122 · 0.39%
2023$118,380 · 1.46%
2022$116,786 · 1.41%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Nutex Health Holdco, LLC TX$9.3M · 2.28%
Biote Medical, LLC TX$9.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741842169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.