Plan Ledger DOL Form 5500 · updated monthly

Mercy House Living Centers403(b)

MERCY HOUSE LIVING CENTERS 403(B) PLAN · SANTA ANA, CA · plan year 2022

Reported admin expense ratio · 2022
1.81%

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

Mercy House Living Centers reported $6,299 in plan administrative expenses for 2022: 1.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $130 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (9,151st of 9,483), and 11,485th of 11,911 in health care & social assistance. In 2022, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$384,016
Participants with balances58
Active participants537
Employer contributions$69,662
Employee contributions$126,327
Employer contribution per active participant$130
Average account balance$6,621
Benefits paid to participants$57,721
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,299
Total administrative$6,299
The Mercy House Living Centers 401(k) match · 2022
Employer contribution per active participant$130
Median for plans this size$331

Mercy House Living Centers's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,299 · 1.81%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 330315864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.