Plan Ledger DOL Form 5500 · updated monthly

Gateways Hospital and Mental Health Center403(b)

GATEWAYS HOSPITAL RETIREMENT PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Gateways Hospital and Mental Health Center reported $54,554 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,089 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 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 4,690th-largest of 9,483 plans among California employers on file, and the 4,833rd of 11,911 in health care & social assistance. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 317 to 385 since 2022.

Plan summary
Net assets, end of year$13,386,466
Participants with balances525
Active participants385
Employer contributions$804,416
Employee contributions$1,269,285
Employer contribution per active participant$2,089
Average account balance$25,498
Benefits paid to participants$764,269
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 525 accts · $804K emplr
2023$10.4M · 478 accts · $570K emplr
2022$7.8M · 457 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,554
Total administrative$54,554
Employer contributions to the Gateways Hospital and Mental Health Center plan · 2024
Employer contribution per active participant$2,089
Median for plans this size$2,416
2024$2,089 per active participant
2023$1,671 per active participant
2022$1,649 per active participant

Gateways Hospital and Mental Health Center's 2024 employer contribution ran below the $2,416 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 · 20241

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$54,554 · 0.46%
2023$41,896 · 0.46%
2022$38,164 · 0.45%
Same employer
Similar plansHealth Care & Social Assistance · California
The Guidance Center CA$13.4M · 0.01%
Community Solutions CA$13.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951691011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.