Plan Ledger DOL Form 5500 · updated monthly

Merced County Community Action Board403(b)

M.C.C.A.B. 403(B) PLAN · MERCED, CA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Merced County Community Action Board reported $24,031 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $86 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 3 years on file its reported administrative ratio has held roughly steady near 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (7,876th of 9,483), and 2,674th of 3,341 in other services. In 2024, employees put in $14.65 for every $1.00 the employer contributed; active participation has grown from 147 to 186 since 2022.

Plan summary
Net assets, end of year$2,947,647
Participants with balances141
Active participants186
Employer contributions$16,064
Employee contributions$235,319
Employer contribution per active participant$86
Average account balance$20,905
Benefits paid to participants$138,722
Plan auditUnmodified (clean) audit opinion
AuditorKAKU & MARSINO, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 141 accts · $16K emplr
2023$2.6M · 137 accts · $286K emplr
2022$1.9M · 122 accts · $19K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,031
Total administrative$24,031
Employer contributions to the Merced County Community Action Board plan · 2024
Employer contribution per active participant$86
Median for plans this size$1,313
2024$86 per active participant
2023$1,777 per active participant
2022$128 per active participant

Merced County Community Action Board's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20243
NATIONWIDE · Recordkeeping$18,056
RAYMOND JAMES FIN SERV ADVISORS · Investment advisory (plan)$14,278
NEXUS ADMINISTRATORS, INC. · Contract administrator$923

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$24,031 · 0.87%
2023$19,825 · 0.89%
2022$15,974 · 0.84%
Same employer
Similar plansOther Services · California
No Ordinary Moments, Inc. CA$3.1M · 0.31%
Sacramento Scs, Inc. CA$3.0M · 0.10%
Broadbase Inc CA$2.9M · 0.94%
Promesa Behavioral Health CA$2.8M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942183288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.