Plan Ledger DOL Form 5500 · updated monthly

Community Bridges401(k)

COMMUNITY BRIDGES RETIREMENT PLAN · WATSONVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Community Bridges reported $7,292 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,580 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 0.13% to 0.11%. 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 California (6,381st of 9,483), and 6,938th of 11,911 in health care & social assistance. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 124 to 181 since 2022.

Plan summary
Net assets, end of year$6,852,702
Participants with balances146
Active participants181
Employer contributions$285,948
Employee contributions$533,959
Employer contribution per active participant$1,580
Average account balance$46,936
Benefits paid to participants$753,042
Plan auditUnmodified (clean) audit opinion
AuditorKAKU & MERSINO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 146 accts · $286K emplr
2023$5.9M · 135 accts · $249K emplr
2022$4.7M · 136 accts · $238K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,773
Investment management$1,219
Total administrative$7,292
The Community Bridges 401(k) match · 2024
Employer contribution per active participant$1,580
Median for plans this size$1,313
2024$1,580 per active participant
2023$2,124 per active participant
2022$1,916 per active participant

Community Bridges's 2024 employer contribution ran above 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 · 20242
VOYA RETIREMENT INSU AND ANNUITY CO · Investment advisory (participants)$2,648
GLOBAL RETIREMENT PARTNERS LLCindirect 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$7,292 · 0.11%
2023$5,622 · 0.11%
2022$6,308 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · California
Predicine, Inc. CA$6.9M · 0.36%
Mfi Recovery Center CA$6.9M · 0.07%
O'Connor Woods CA$6.9M · 0.00%
Brightside Health, Inc. CA$6.8M · 0.11%
Peninsula Family Service CA$6.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942460211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.