Plan Ledger DOL Form 5500 · updated monthly

Korean Health, Education, Information and Research Center403(b)

KOREAN HEALTH, EDUCATION, INFORMATION AND RESEARCH CENTER 403(B) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Korean Health, Education, Information and Research Center reported $1,571 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,987 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 0.03%. 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 (6,881st of 9,483), and 7,700th of 11,911 in health care & social assistance. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 125 to 140 since 2022.

Plan summary
Net assets, end of year$5,384,713
Participants with balances176
Active participants140
Employer contributions$278,249
Employee contributions$598,005
Employer contribution per active participant$1,987
Average account balance$30,595
Benefits paid to participants$91,540
Plan auditUnmodified (clean) audit opinion
AuditorOZUROVICH & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 176 accts · $278K emplr
2023$3.9M · 162 accts · $201K emplr
2022$3.2M · 157 accts · $226K emplr
The Korean Health, Education, Information and Research Center 401(k) match · 2024
Employer contribution per active participant$1,987
Median for plans this size$1,313
2024$1,987 per active participant
2023$1,584 per active participant
2022$1,810 per active participant

Korean Health, Education, Information and Research Center'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,350

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,571 · 0.03%
2023$606 · 0.02%
2022$325 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · California
First Place for Youth CA$5.4M · 0.51%
Jamboor Medical Corp CA$5.4M · 0.90%
Coastline Resources, Inc. CA$5.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954074660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.