Plan Ledger DOL Form 5500 · updated monthly

Compass Family Enterprises, Inc. dba Channel Islands Social Services401(k)

CHANNEL ISLANDS SOCIAL SERVICES RETIREMENT PLAN · CAMARILLO, CA · plan year 2022

Reported admin expense ratio · 2022
0.62%

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

Compass Family Enterprises, Inc. dba Channel Islands Social Services reported $16,993 in plan administrative expenses for 2022: 0.62% of average plan assets, above the peer median. Employer contributions averaged $676 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,060th of 9,483), and 9,592nd of 11,911 in health care & social assistance. In 2022, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,553,470
Participants with balances88
Active participants123
Employer contributions$83,195
Employee contributions$176,410
Employer contribution per active participant$676
Average account balance$29,017
Benefits paid to participants$17,942
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS, CPAS, INC.
Administrative expenses, itemized · 2022
Investment management$11,554
Total administrative$16,993
The Compass Family Enterprises, Inc. dba Channel Islands Social Services 401(k) match · 2022
Employer contribution per active participant$676
Median for plans this size$1,114

Compass Family Enterprises, Inc. dba Channel Islands Social Services's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,993 · 0.62%
Similar plansHealth Care & Social Assistance · California
Choice Homecare, Inc. CA$2.6M · 0.12%
Statrad, LLC CA$2.6M · 0.61%
Royal Ambulance CA$2.6M · 0.92%
Healthcare Services Inc. CA$2.5M · 0.87%
Project Access, Inc. CA$2.5M · 1.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 113731612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.