Plan Ledger DOL Form 5500 · updated monthly

Mission Neighborhood Centers, Inc.403(b)

MISSION NEIGHBORHOOD CENTERS, INC. 403(B) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Mission Neighborhood Centers, Inc. reported $47,756 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,254 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 fell from 1.09% to 0.83%. 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 (6,594th of 9,483), and 7,249th of 11,911 in health care & social assistance. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 195 to 226 since 2022.

Plan summary
Net assets, end of year$6,209,683
Participants with balances232
Active participants226
Employer contributions$283,493
Employee contributions$712,059
Employer contribution per active participant$1,254
Average account balance$26,766
Benefits paid to participants$690,282
Plan auditUnmodified (clean) audit opinion
AuditorHARSHWAL & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 232 accts · $283K emplr
2023$5.2M · 225 accts · $868K emplr
2022$3.1M · 179 accts · $174K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,198
Investment management$9,558
Total administrative$47,756
Employer contributions to the Mission Neighborhood Centers, Inc. plan · 2024
Employer contribution per active participant$1,254
Median for plans this size$1,313
2024$1,254 per active participant
2023$4,035 per active participant
2022$890 per active participant

Mission Neighborhood Centers, Inc.'s 2024 employer contribution ran below 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$37,937
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$9,558

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$47,756 · 0.83%
2023$40,016 · 0.96%
2022$36,069 · 1.09%
Same employer
Similar plansHealth Care & Social Assistance · California
Jumpstartmd, Inc. CA$6.3M · 0.10%
1736 Family Crisis Center CA$6.2M · 0.02%
Home of Guiding Hands CA$6.2M · 0.05%
Hollenbeck Palms CA$6.2M · 0.05%
Child & Family Center CA$6.1M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941408150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.