Plan Ledger DOL Form 5500 · updated monthly

Life Chiropractic College West401(k)

LIFE CHIROPRACTIC COLLEGE WEST 401(K) PROFIT SHARING PLAN · HAYWARD, CA · plan year 2023

Reported admin expense ratio · 2023
0.76%

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

Life Chiropractic College West reported $52,017 in plan administrative expenses for 2023: 0.76% of average plan assets, above the peer median. Employer contributions averaged $680 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 1 year on file its reported administrative ratio rose from 0.69% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (6,154th of 9,483), and 2,289th of 3,091 in educational services. In 2023, employees put in $3.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,583,237
Participants with balances201
Active participants303
Employer contributions$206,178
Employee contributions$729,991
Employer contribution per active participant$680
Average account balance$37,728
Benefits paid to participants$577,140
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.6M · 201 accts · $206K emplr
2022$6.2M · 184 accts · $207K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,996
Investment management$23,021
Total administrative$52,017
The Life Chiropractic College West 401(k) match · 2023
Employer contribution per active participant$680
Median for plans this size$1,308
2023$680 per active participant
2022$730 per active participant

Life Chiropractic College West's 2023 employer contribution ran below 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 · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$28,996
GLOBAL RETIREMENT PARTNERS LLC · Consulting · Insurance services$23,021

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

Administrative cost history2
2023$52,017 · 0.76%
2022$45,925 · 0.69%
Same employer
Similar plansEducational Services · California
Achievekids CA$8.4M · 0.01%
Black Pine Circle, Inc. CA$8.0M · 0.84%
The Wesley School CA$7.7M · 0.00%
Caliber Public Schools CA$7.6M · 0.79%
Heights Christian Schools CA$7.4M · 0.16%
Presidio Knolls School CA$7.4M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942382546 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.