Plan Ledger DOL Form 5500 · updated monthly

Faces Sf403(b)

FACES SF 403(B) PLAN · SAN FRANCISCO, CA · plan year 2023

Reported admin expense ratio · 2023
0.74%

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

Faces Sf reported $38,343 in plan administrative expenses for 2023: 0.74% of average plan assets, above the peer median. Employer contributions averaged $13,022 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 1 year on file its reported administrative ratio fell from 0.86% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,662nd of 9,483), and 7,343rd of 11,911 in health care & social assistance. In 2023, the employer put in $1.53 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,006,319
Participants with balances102
Active participants54
Employer contributions$703,191
Employee contributions$458,287
Employer contribution per active participant$13,022
Average account balance$58,885
Benefits paid to participants$444,981
Plan history2
Yearassets · accounts · employer contribution
2023$6.0M · 102 accts · $703K emplr
2022$4.4M · 102 accts · $880K emplr
Employer contributions to the Faces Sf plan · 2023
Employer contribution per active participant$13,022
Median for plans this size$1,308
2023$13,022 per active participant
2022$16,301 per active participant

Faces Sf's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$19,368
GREAT-WEST LIFE & ANNUITY$16,705
EMPOWER ADVISORY GROUP, LLC · Investment management$3,481

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

Administrative cost history2
2023$38,343 · 0.74%
2022$36,241 · 0.86%
All plans at this employer2
FACES SF 403(B) PLAN403(b)
THE CONTRACTORS RETIREMENT PLANProfit-sharing plan
Similar plansHealth Care & Social Assistance · California
Jsi Acquisition, Inc. CA$6.1M · 0.18%
Good Samaritan Shelter CA$6.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941156331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.