Plan Ledger DOL Form 5500 · updated monthly

Herald Christian Health Center401(k)

HERALD CHRISTIAN HEALTH CENTER RETIREMENT PLAN · EL MONTE, CA · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Herald Christian Health Center reported $53,905 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,028 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 0.20% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (5,171st of 9,483), and the 1,560th of 3,341 in other services. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has grown from 111 to 221 since 2022.

Plan summary
Net assets, end of year$11,115,098
Participants with balances158
Active participants221
Employer contributions$448,162
Employee contributions$1,173,059
Employer contribution per active participant$2,028
Average account balance$70,349
Benefits paid to participants$180,112
Plan auditUnmodified (clean) audit opinion
AuditorK A L L ACCOUNTANCY CORPORATION
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 158 accts · $448K emplr
2023$8.1M · 134 accts · $394K emplr
2022$5.5M · 121 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,143
Investment management$4,762
Total administrative$53,905
The Herald Christian Health Center 401(k) match · 2024
Employer contribution per active participant$2,028
Median for plans this size$1,313
2024$2,028 per active participant
2023$2,251 per active participant
2022$2,763 per active participant

Herald Christian Health Center'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 · 20242
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$44,767
WILSHIRE ASSOCIATES INC. · Named fiduciary$4,762

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$53,905 · 0.56%
2023$38,226 · 0.56%
2022$11,786 · 0.20%
Same employer
Similar plansOther Services · California
Wineshipping.com, LLC CA$11.4M · 0.07%
United Agribusiness League CA$11.3M · 0.03%
Madison Reed CA$10.8M · 0.30%
Vistability CA$10.8M · 0.01%
Data Exchange Corporation CA$10.8M · 0.02%
United Way, Inc. CA$10.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203492620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.