Plan Ledger DOL Form 5500 · updated monthly

Holman Professional Counseling C401(k)

HOLMAN PROFESSIONAL COUNSELING 401K PLAN · CANOGA PARK, CA · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Holman Professional Counseling C reported $9,900 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $47 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 rose from 0.28% to 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (8,520th of 9,483), and 4,684th of 4,798 in finance & insurance. In 2022, employees put in $68.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,546,670
Participants with balances53
Active participants44
Employer contributions$2,051
Employee contributions$140,042
Employer contribution per active participant$47
Average account balance$29,182
Benefits paid to participants$288,947
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT MILLER CPA & ASSOCIATES INC.
Plan history2
Yearassets · accounts · employer contribution
2022$1.5M · 53 accts · $2K emplr
2019$1.5M · 73 accts · $113K emplr
The Holman Professional Counseling C 401(k) match · 2022
Employer contribution per active participant$47
Median for plans this size$1,114
2022$47 per active participant
2019$776 per active participant

Holman Professional Counseling C's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$9,900 · 0.56%
2019$3,632 · 0.28%
All plans at this employer2
HOLMAN PROFESSIONAL COUNSELING 401K PLAN401(k)
HOLMAN PROFESSIONAL COUNSELING 401K PLAN401(k)
Similar plansFinance & Insurance · California
Clearpath Lending CA$2.6M · 0.09%
The Aligned Company CA$1.5M · 0.25%
Maverick Bankcard Inc CA$1.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953943478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.