Plan Ledger DOL Form 5500 · updated monthly

Friends of Children With Special401(k)

FRIENDS OF CHILDREN OF SPECIAL NEEDS 401(K) PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Friends of Children With Special reported $56,037 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,628 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 0.04% to 0.67%. 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 (5,577th of 9,483), and the 5,846th of 11,911 in health care & social assistance. In 2024, employees put in $5.60 for every $1.00 the employer contributed; active participation has grown from 114 to 146 since 2022.

Plan summary
Net assets, end of year$9,556,407
Participants with balances221
Active participants146
Employer contributions$237,724
Employee contributions$1,331,952
Employer contribution per active participant$1,628
Average account balance$43,242
Benefits paid to participants$250,005
Plan auditUnmodified (clean) audit opinion
AuditorALAN LEE CPA INC.
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 221 accts · $238K emplr
2023$7.2M · 203 accts · $176K emplr
2022$5.4M · 168 accts · $146K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,441
Investment management$27,596
Total administrative$56,037
The Friends of Children With Special 401(k) match · 2024
Employer contribution per active participant$1,628
Median for plans this size$1,313
2024$1,628 per active participant
2023$1,242 per active participant
2022$1,283 per active participant

Friends of Children With Special's 2024 employer contribution ran above the $1,313 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 · 20243
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$27,595
ADP, INC. · Loan processing · Recordkeeping$844
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, UBS
2023ADP

This plan has changed recordkeepers within these filings. If you left Friends of Children With Special before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$56,037 · 0.67%
2023$4,980 · 0.08%
2022$2,222 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · California
Pathway Society Inc. CA$9.7M · 0.12%
Behavior Frontiers, LLC CA$9.5M · 2.31%
Ego, Inc. dba Brault CA$9.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770446853 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.