Plan Ledger DOL Form 5500 · updated monthly

Fresh Lifelines for Youth, Inc.403(b)

FRESH LIFELINES FOR YOUTH, INC. 403(B) RETIREMENT PLAN · MILPITAS, CA · plan year 2023

Reported admin expense ratio · 2023
0.02%

Fresh Lifelines for Youth, Inc. reported $500 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. 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 rose from 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (8,011th of 9,483), and 2,735th of 3,341 in other services.

Plan summary
Net assets, end of year$2,666,045
Participants with balances114
Active participants99
Employer contributions—
Employee contributions$346,302
Employer contribution per active participant—
Average account balance$23,386
Benefits paid to participants$254,309
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.7M · 114 accts
2022$2.2M · 128 accts · $314K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$500
Total administrative$500
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 · 20232
JULY BUSINESS SERVICES LLC · Recordkeeping$500
MATRIX FINANCIAL SOLUTIONS, INC. · Custodial · Investment managementindirect comp

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$500 · 0.02%
2022$350 · 0.01%
Similar plansOther Services · California
Clare Matrix CA$2.7M · 0.24%
Douglas Parking, LLC CA$2.7M · 1.37%
Children's Hunger Fund CA$2.4M · 0.60%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 522234595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.