Plan Ledger DOL Form 5500 · updated monthly

Inner City Law Center401(k)

INNER CITY LAW CENTER 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Inner City Law Center reported $6,880 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,189 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 fell from 0.10% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,682nd of 9,483), and 8,248th of 11,654 in professional & technical services. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 116 to 147 since 2022.

Plan summary
Net assets, end of year$9,233,138
Participants with balances207
Active participants147
Employer contributions$468,822
Employee contributions$926,010
Employer contribution per active participant$3,189
Average account balance$44,605
Benefits paid to participants$307,848
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 207 accts · $469K emplr
2023$6.9M · 184 accts · $414K emplr
2022$5.2M · 166 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,126
Investment management$754
Total administrative$6,880
The Inner City Law Center 401(k) match · 2024
Employer contribution per active participant$3,189
Median for plans this size$1,313
2024$3,189 per active participant
2023$3,233 per active participant
2022$3,175 per active participant

Inner City Law Center's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,126

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$6,880 · 0.09%
2023$6,805 · 0.11%
2022$5,306 · 0.10%
Same employer
Similar plansProfessional & Technical Services · California
Glooko, Inc. CA$9.3M · 0.12%
Chatmeter, Inc. CA$9.3M · 0.17%
Sequoia Consulting Group CA$9.2M · 0.39%
Agreeya Solutions, Inc. CA$9.2M · 0.90%
Big Health, Inc. CA$9.2M · 0.30%
R Systems, Inc. CA$9.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953697572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.