Plan Ledger DOL Form 5500 · updated monthly

Islands Hospice, Inc.401(k)

ISLANDS HOSPICE, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Islands Hospice, Inc. reported $7,607 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,602 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 0.32% to 0.19%. 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 (7,162nd of 9,483), and 8,195th of 11,911 in health care & social assistance. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 165 to 197 since 2022.

Plan summary
Net assets, end of year$4,544,185
Participants with balances194
Active participants197
Employer contributions$315,675
Employee contributions$615,705
Employer contribution per active participant$1,602
Average account balance$23,424
Benefits paid to participants$611,815
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 194 accts · $316K emplr
2023$3.6M · 172 accts · $294K emplr
2022$2.5M · 140 accts · $454K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,607
Total administrative$7,607
The Islands Hospice, Inc. 401(k) match · 2024
Employer contribution per active participant$1,602
Median for plans this size$1,313
2024$1,602 per active participant
2023$1,848 per active participant
2022$2,752 per active participant

Islands Hospice, Inc.'s 2024 employer contribution ran above 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 · 20245
CAPITAL RESEARCH AND MANAGEMENT CO · Investment management · Recordkeepingindirect comp
USI CONSULTING GROUP, INC · Contract administrator$6,983
CAPITAL GROUP RETIREMENT PLAN SERVI$625
CAPITAL BANK AND TRUST · Custodialindirect comp
MORGAN STANLEY INSURANCE SERVICES · Investment advisory (participants) · 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.

Recordkeeper by year2
2024CAPITAL RESEARCH AND MANAGEMENT CO
2023CAPITAL RESEARCH AND MANAGEMENT CO

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Administrative cost history3
2024$7,607 · 0.19%
2023$6,982 · 0.23%
2022$6,997 · 0.32%
Similar plansHealth Care & Social Assistance · California
Family Care Network, Inc. CA$4.6M · 0.08%
Hospice of San Joaquin CA$4.5M · 1.19%
Bh-Sd Opco, LLC CA$4.5M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264659430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.