Plan Ledger DOL Form 5500 · updated monthly

Core Community Organized Relief Effort403(b)

CORE COMMUNITY ORGANIZED RELIEF EFFORT 403(B) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Core Community Organized Relief Effort reported $28,357 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $951 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 rose from 0.29% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (7,537th of 9,483), and 2,523rd of 3,341 in other services. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 276 to 406 since 2022.

Plan summary
Net assets, end of year$3,664,018
Participants with balances415
Active participants406
Employer contributions$386,189
Employee contributions$584,207
Employer contribution per active participant$951
Average account balance$8,829
Benefits paid to participants$410,616
Plan auditUnmodified (clean) audit opinion
AuditorFARBER HASS HURLEY
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 415 accts · $386K emplr
2023$2.7M · 388 accts · $766K emplr
2022$1.1M · 120 accts · $115K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,849
Investment management$23,508
Total administrative$28,357
Employer contributions to the Core Community Organized Relief Effort plan · 2024
Employer contribution per active participant$951
Median for plans this size$1,313
2024$951 per active participant
2023$1,995 per active participant
2022$418 per active participant

Core Community Organized Relief Effort's 2024 employer contribution ran below 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
NEWPORT GROUP, INC. · Recordkeeping$4,849
MORGAN STANLEY GLOBAL · Investment advisory (plan)$23,508

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$28,357 · 0.89%
2023$39,481 · 2.08%
2022$2,782 · 0.29%
Same employer
Similar plansOther Services · California
Mission Graduates CA$3.7M · 0.07%
Sourcewise CA$3.6M · 0.51%
A Better Way, Inc. CA$3.6M · 0.07%
Dfa of California CA$3.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271703237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.