Plan Ledger DOL Form 5500 · updated monthly

Community Services & Employment Training, Inc.401(k)

COMMUNITY SERVICES & EMPLOYMENT TRAINING, INC. RETIREMENT PLAN · VISALIA, CA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Community Services & Employment Training, Inc. reported $78,512 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $2,892 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 0.88% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (5,289th of 9,483), and 2,064th of 3,091 in educational services. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves; active participation has grown from 158 to 177 since 2022.

Plan summary
Net assets, end of year$10,652,358
Participants with balances330
Active participants177
Employer contributions$511,948
Employee contributions$450,468
Employer contribution per active participant$2,892
Average account balance$32,280
Benefits paid to participants$565,533
Plan auditUnmodified (clean) audit opinion
AuditorDRITSAS GROOM MCCORMICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 330 accts · $512K emplr
2023$9.0M · 331 accts · $511K emplr
2022$7.8M · 289 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,512
Total administrative$78,512
The Community Services & Employment Training, Inc. 401(k) match · 2024
Employer contribution per active participant$2,892
Median for plans this size$1,313
2024$2,892 per active participant
2023$2,775 per active participant
2022$2,828 per active participant

Community Services & Employment Training, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
LPL FINANCIAL · Investment advisory (plan)$47,906
PENSION MANAGEMENT CONSULTANTS · Contract administrator$6,973

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$78,512 · 0.80%
2023$65,045 · 0.77%
2022$64,049 · 0.88%
Similar plansEducational Services · California
Marin Horizon School CA$11.2M · 0.00%
Ojai Valley School, Inc. CA$10.9M · 0.08%
Jserra Catholic High School CA$10.7M · 0.81%
College Track CA$10.3M · 0.53%
Pacific Charter Institute CA$10.2M · 0.18%
Think Together CA$10.1M · 2.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941701352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.