Plan Ledger DOL Form 5500 · updated monthly

Hollenbeck Palms401(k)

HOLLENBECK PALMS 401K PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Hollenbeck Palms reported $2,927 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $252 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 0.03% to 0.05%. 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 (6,611th of 9,483), and 7,274th of 11,911 in health care & social assistance. In 2024, employees put in $10.00 for every $1.00 the employer contributed; active participation has grown from 158 to 178 since 2022.

Plan summary
Net assets, end of year$6,151,870
Participants with balances111
Active participants178
Employer contributions$44,939
Employee contributions$449,386
Employer contribution per active participant$252
Average account balance$55,422
Benefits paid to participants$257,590
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 111 accts · $45K emplr
2023$5.4M · 113 accts · $45K emplr
2022$4.7M · 111 accts · $33K emplr
The Hollenbeck Palms 401(k) match · 2024
Employer contribution per active participant$252
Median for plans this size$1,313
2024$252 per active participant
2023$279 per active participant
2022$212 per active participant

Hollenbeck Palms's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
CAPITAL GROUP RETIREMENT PLAN SERVI$3,725

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$2,927 · 0.05%
2023$1,416 · 0.03%
2022$1,638 · 0.03%
Same employer
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1736 Family Crisis Center CA$6.2M · 0.02%
Home of Guiding Hands CA$6.2M · 0.05%
Child & Family Center CA$6.1M · 0.63%
Jsi Acquisition, Inc. CA$6.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710876594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.