Plan Ledger DOL Form 5500 · updated monthly

Instituto Familiar de la Raza, Inc.403(b)

INSTITUTO FAMILIAR DE LA RAZA SECTION 403(B) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Instituto Familiar de la Raza, Inc. reported $43,231 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $6,828 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 0.37% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 4,640th-largest of 9,483 plans among California employers on file, and the 4,767th of 11,911 in health care & social assistance. In 2024, the employer put in $1.65 for every $1.00 employees contributed themselves; active participation has shrunk from 107 to 83 since 2022.

Plan summary
Net assets, end of year$13,653,640
Participants with balances196
Active participants83
Employer contributions$566,740
Employee contributions$343,308
Employer contribution per active participant$6,828
Average account balance$69,661
Benefits paid to participants$401,609
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.7M · 196 accts · $567K emplr
2023$11.6M · 182 accts · $567K emplr
2022$10.2M · 172 accts · $763K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,341
Investment management$28,890
Total administrative$43,231
Employer contributions to the Instituto Familiar de la Raza, Inc. plan · 2024
Employer contribution per active participant$6,828
Median for plans this size$2,416
2024$6,828 per active participant
2023$6,750 per active participant
2022$7,130 per active participant

Instituto Familiar de la Raza, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$14,341
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$28,890

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,231 · 0.34%
2023$37,163 · 0.34%
2022$34,674 · 0.37%
Similar plansHealth Care & Social Assistance · California
East Bay Integrated Care CA$13.8M · 0.69%
Sun Mar Healthcare CA$13.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942523608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.