Plan Ledger DOL Form 5500 · updated monthly

Continuing Life LLC401(k)

CONTINUING LIFE 401(K) PLAN · CARLSBAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Continuing Life LLC reported $258,570 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,643 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 0.48% to 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,482nd-largest of 9,483 plans among California employers on file, and the 1,563rd of 11,911 in health care & social assistance. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 1,546 to 1,741 since 2022.

Plan summary
Net assets, end of year$62,413,443
Participants with balances2,133
Active participants1,741
Employer contributions$2,860,071
Employee contributions$6,331,261
Employer contribution per active participant$1,643
Average account balance$29,261
Benefits paid to participants$5,497,353
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$62.4M · 2,133 accts · $2.9M emplr
2023$51.6M · 1,358 accts · $2.5M emplr
2022$40.3M · 1,296 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$153,601
Investment management$104,969
Total administrative$258,570
The Continuing Life LLC 401(k) match · 2024
Employer contribution per active participant$1,643
Median for plans this size$3,635
2024$1,643 per active participant
2023$1,520 per active participant
2022$1,514 per active participant

Continuing Life LLC's 2024 employer contribution ran below the $3,635 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$153,600
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$104,968

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, UBS
2023ADP, UBS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$258,570 · 0.45%
2023$225,173 · 0.49%
2022$199,561 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · California
St. Rose Hospital CA$63.5M · 0.16%
Sage Veterinary Centers, LP CA$62.6M · 0.16%
Arcus Biosciences, Inc. CA$60.2M · 0.45%
Neighborhood Healthcare CA$59.3M · 0.18%
Unio Health Partners, LLC CA$59.0M · 0.09%
Seneca Family of Agencies CA$58.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 462502541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.