Plan Ledger DOL Form 5500 · updated monthly

Family Health Centers of San Diego403(b)

FAMILY HEALTH CENTERS OF SAN DIEGO TAX DEFERRED ANNUITY PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Family Health Centers of San Diego reported $310,377 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $2,327 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 0.27% to 0.19%. 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 624th-largest of 9,483 plans among California employers on file, and the 706th of 11,911 in health care & social assistance. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 2,201 to 2,546 since 2022.

Plan summary
Net assets, end of year$174,785,811
Participants with balances3,056
Active participants2,546
Employer contributions$5,925,486
Employee contributions$14,291,242
Employer contribution per active participant$2,327
Average account balance$57,194
Benefits paid to participants$15,073,377
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$174.8M · 3,056 accts · $5.9M emplr
2023$146.4M · 2,833 accts · $5.8M emplr
2022$113.3M · 2,674 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$202,683
Investment management$99,937
Audit (IQPA)$7,757
Total administrative$310,377
Employer contributions to the Family Health Centers of San Diego plan · 2024
Employer contribution per active participant$2,327
Median for plans this size$3,635
2024$2,327 per active participant
2023$2,491 per active participant
2022$2,192 per active participant

Family Health Centers of San Diego's 2024 employer contribution ran below the $3,635 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$268,689
CAMBRIDGE INVESTMENT RESEARCH ADVIS · Investment advisory (plan)$99,938
CBIZ CPAS P.C. · Accounting / audit$7,757
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$310,377 · 0.19%
2023$293,674 · 0.23%
2022$320,536 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · California
Henry Mayo Newhall Hospital CA$178.4M · 0.17%
North East Medical Services CA$175.0M · 0.13%
Redlands Community Hospital CA$173.8M · 0.04%
Memorialcare Medical Group CA$163.5M · 0.14%
Marshall Medical Center CA$160.7M · 0.16%
Bass Medical Group, Inc. CA$160.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952833205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.