Plan Ledger DOL Form 5500 · updated monthly

Coit Services, Inc.401(k)

COIT SERVICES, INC. EMPLOYEE SAVINGS & RETIREMENT PLAN · BURLINGAME, CA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Coit Services, Inc. reported $83,502 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $214 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 0.61% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (4,871st of 9,483), and the 1,452nd of 3,341 in other services. In 2024, employees put in $13.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,499,274
Participants with balances207
Active participants205
Employer contributions$43,788
Employee contributions$572,758
Employer contribution per active participant$214
Average account balance$60,383
Benefits paid to participants$892,588
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 207 accts · $44K emplr
2023$11.2M · 280 accts · $43K emplr
2022$10.6M · 341 accts · $39K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,399
Investment management$20,838
Audit (IQPA)$9,265
Total administrative$83,502
The Coit Services, Inc. 401(k) match · 2024
Employer contribution per active participant$214
Median for plans this size$2,416
2024$214 per active participant
2023$216 per active participant
2022$184 per active participant

Coit Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20245
HICKS PENSION SERVICES, INC. · Contract administrator · Loan processing$23,046
KESTRA ADVISORY SERVICES LLC · Insurance broker · Insurance services$20,838
CBIZ CPAS P.C. · Accounting / audit$9,265
EMPOWER ADVISORY GROUP, LLC · Investment management$614

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$83,502 · 0.70%
2023$71,430 · 0.65%
2022$70,382 · 0.61%
Same employer
Similar plansOther Services · California
M.C. LLC CA$12.6M · 0.15%
McKinley Children's Center CA$12.5M · 0.69%
Civicactions, Inc. CA$12.3M · 0.06%
Abilitypath CA$12.1M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941635764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.