Plan Ledger DOL Form 5500 · updated monthly

Community Memorial Health System403(b)

COMMUNITY MEMORIAL HEALTH SYSTEM 403(B) PLAN · VENTURA, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Community Memorial Health System reported $322,154 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $2,114 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 0.16% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 288th-largest of 9,483 plans among California employers on file, and the 352nd of 11,911 in health care & social assistance. In 2024, employees put in $3.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$453,759,607
Participants with balances4,211
Active participants3,366
Employer contributions$7,116,967
Employee contributions$27,210,514
Employer contribution per active participant$2,114
Average account balance$107,756
Benefits paid to participants$31,465,961
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$453.8M · 4,211 accts · $7.1M emplr
2023$389.9M · 3,867 accts · $6.6M emplr
2022$324.7M · 3,730 accts · $7.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,708
Audit (IQPA)$23,214
Total administrative$322,154
Employer contributions to the Community Memorial Health System plan · 2024
Employer contribution per active participant$2,114
Median for plans this size$4,294
2024$2,114 per active participant
2023$2,107 per active participant
2022$2,345 per active participant

Community Memorial Health System's 2024 employer contribution ran below the $4,294 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
CAPFINANCIAL PARTNERS LLC · Investment advisory (participants) · Investment advisory (plan)$152,233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$148,078
FARBER HASS · Accounting / audit$23,214

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$322,154 · 0.08%
2023$380,509 · 0.11%
2022$558,059 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · California
Radnet, Inc. CA$436.6M · 0.22%
Eisenhower Medical Center CA$435.5M · 0.12%
Pih Health, Inc CA$423.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951683892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.