Plan Ledger DOL Form 5500 · updated monthly

East Bay Asian Local Development Corporation403(b)

EBALDC RETIREMENT PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
1.07%

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

East Bay Asian Local Development Corporation reported $58,122 in plan administrative expenses for 2024: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $513 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 1.00% to 1.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,741st of 9,483), and 9,466th of 11,654 in professional & technical services. In 2024, employees put in $8.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,823,991
Participants with balances193
Active participants142
Employer contributions$72,843
Employee contributions$628,384
Employer contribution per active participant$513
Average account balance$30,176
Benefits paid to participants$629,201
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 193 accts · $73K emplr
2023$5.1M · 171 accts
2022$4.5M · 174 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,122
Total administrative$58,122
Employer contributions to the East Bay Asian Local Development Corporation plan · 2024
Employer contribution per active participant$513
Median for plans this size$1,313

East Bay Asian Local Development Corporation's 2024 employer contribution ran below the $1,313 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 · 20244
NATIONWIDE · Investment advisory (participants) · Recordkeeping$22,759
WORLD INVESTMENT ADVISORS, LLC · Investment management$21,324
PEERY & ASSCOAITES, INC. · Consulting · Claims processing$6,459
BRINKER CAPITAL INVESTMENTS · Investment advisory (participants)$6,115

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$58,122 · 1.07%
2023$50,055 · 1.04%
2022$47,669 · 1.00%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 510171851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.