Plan Ledger DOL Form 5500 · updated monthly

Insight Housing403(b)

BERKELEY FOOD & HOUSING PROJECT 403(B) RETIREMENT PLAN · BERKELEY, CA · plan year 2024

Reported admin expense ratio · 2024
1.08%

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

Insight Housing reported $20,198 in plan administrative expenses for 2024: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $803 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 1.38% to 1.08%. 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 (8,224th of 9,483), and 9,888th of 11,911 in health care & social assistance. In 2024, employees put in $3.25 for every $1.00 the employer contributed; active participation has grown from 145 to 195 since 2022.

Plan summary
Net assets, end of year$2,181,336
Participants with balances179
Active participants195
Employer contributions$156,566
Employee contributions$508,717
Employer contribution per active participant$803
Average account balance$12,186
Benefits paid to participants$274,440
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 179 accts · $157K emplr
2023$1.6M · 187 accts · $131K emplr
2022$751K · 139 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,198
Total administrative$20,198
Employer contributions to the Insight Housing plan · 2024
Employer contribution per active participant$803
Median for plans this size$1,313
2024$803 per active participant
2023$685 per active participant
2022$623 per active participant

Insight Housing's 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$20,197
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$20,198 · 1.08%
2023$15,002 · 1.29%
2022$7,339 · 1.38%
Same employer
Similar plansHealth Care & Social Assistance · California
Salus Healthcare LLC CA$2.2M · 1.03%
The Absinthe Group Inc CA$2.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942979073 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.