Plan Ledger DOL Form 5500 · updated monthly

Families ForwardDC plan

403(B) THRIFT PLAN OF FAMILIES FORWARD · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Families Forward reported $1,013 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,694 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 3 years on file its reported administrative ratio has held roughly steady near 0.021%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,994th of 9,483), and 7,898th of 11,911 in health care & social assistance. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,025,076
Participants with balances101
Active participants56
Employer contributions$206,875
Employee contributions$180,939
Employer contribution per active participant$3,694
Average account balance$49,753
Benefits paid to participants$601,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 101 accts · $207K emplr
2023$4.7M · 104 accts · $206K emplr
2022$3.9M · 138 accts · $232K emplr
Employer contributions to the Families Forward plan · 2024
Employer contribution per active participant$3,694
Median for plans this size$1,313
2024$3,694 per active participant
2023$4,116 per active participant
2022$3,800 per active participant

Families Forward's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$862

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,013 · 0.02%
2023$441 · 0.01%
2022$859 · 0.02%
Similar plansHealth Care & Social Assistance · California
United Medical Doctors CA$5.1M · 0.21%
Compass Family Services CA$5.0M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330086043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.