Plan Ledger DOL Form 5500 · updated monthly

Korean Community Services Inc.401(k)

KOREAN AMERICAN CENTER 401K AND PROFIT SHARING PLAN · ANAHEIM, CA · plan year 2023

Reported admin expense ratio · 2023
1.32%

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

Korean Community Services Inc. reported $28,717 in plan administrative expenses for 2023: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,771 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,979th of 9,483), and 9,466th of 11,911 in health care & social assistance. In 2023, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,729,642
Participants with balances186
Active participants169
Employer contributions$299,357
Employee contributions$576,324
Employer contribution per active participant$1,771
Average account balance$14,675
Benefits paid to participants$112,813
Plan auditUnmodified (clean) audit opinion
AuditorCKP
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,010
Investment management$26,707
Total administrative$28,717
The Korean Community Services Inc. 401(k) match · 2023
Employer contribution per active participant$1,771
Median for plans this size$1,308

Korean Community Services Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ADP, INC. · Loan processing · Recordkeeping$16,309
GNH ASSET MANAGEMENT, INC · Recordkeeping · Trustee$6,538
TEAM ELEVATED ASSET MANAGEMENT, LLC · Recordkeeping · Trustee$5,869
ADP BROKER-DEALERindirect comp

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

Administrative cost history1
2023$28,717 · 1.32%
Similar plansHealth Care & Social Assistance · California
Health Source Mso Inc CA$2.8M · 1.02%
Medwatchers, Inc. CA$2.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475175147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.