Plan Ledger DOL Form 5500 · updated monthly

Koinonia Foster Homes Inc.401(k)

KOINONIA FOSTER HOMES 401K PLAN · LOOMIS, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Koinonia Foster Homes Inc. reported $24,470 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $705 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 rose from 0.01% to 0.27%. 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 (5,428th of 9,483), and the 5,665th of 11,911 in health care & social assistance. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 256 to 302 since 2022.

Plan summary
Net assets, end of year$10,084,215
Participants with balances198
Active participants302
Employer contributions$212,958
Employee contributions$601,970
Employer contribution per active participant$705
Average account balance$50,930
Benefits paid to participants$267,699
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 198 accts · $213K emplr
2023$8.2M · 192 accts · $213K emplr
2022$6.7M · 189 accts · $204K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,072
Investment management$23,398
Total administrative$24,470
The Koinonia Foster Homes Inc. 401(k) match · 2024
Employer contribution per active participant$705
Median for plans this size$1,313
2024$705 per active participant
2023$730 per active participant
2022$796 per active participant

Koinonia Foster Homes Inc.'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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$1,447
CAPFINANCIAL PARTNERS LLC · Investment advisory (participants) · Investment advisory (plan)$23,398

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$24,470 · 0.27%
2023$19,439 · 0.26%
2022$1,096 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · California
The Trevor Project, Inc. CA$10.3M · 0.26%
Valley Community Healthcare CA$10.3M · 0.63%
Eskaton Properties, Inc. CA$10.1M · 0.42%
Bolsa Medical Group CA$10.1M · 0.08%
Creative Alternatives, Inc. CA$10.0M · 0.58%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 942792265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.