Plan Ledger DOL Form 5500 · updated monthly

Mission Neighborhood Health Center401(k)

MISSION NEIGHBORHOOD HEALTH CENTER 401(K) PROFIT SHARING PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Mission Neighborhood Health Center reported $45,952 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,869 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 0.69%. 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 (6,222nd of 9,483), and 6,699th of 11,911 in health care & social assistance. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 114 to 210 since 2022.

Plan summary
Net assets, end of year$7,381,188
Participants with balances242
Active participants210
Employer contributions$392,550
Employee contributions$676,690
Employer contribution per active participant$1,869
Average account balance$30,501
Benefits paid to participants$445,776
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 242 accts · $393K emplr
2023$5.9M · 153 accts · $587K emplr
2022$4.4M · 143 accts · $249K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,251
Investment management$21,701
Total administrative$45,952
The Mission Neighborhood Health Center 401(k) match · 2024
Employer contribution per active participant$1,869
Median for plans this size$1,313
2024$1,869 per active participant
2023$4,695 per active participant
2022$2,187 per active participant

Mission Neighborhood Health 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$24,500
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$21,697
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$45,952 · 0.69%
2023$37,325 · 0.73%
2022$32,782 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · California
Dhillon Healthcare Group CA$7.5M · 0.46%
Community Youth Center CA$7.4M · 0.59%
Arc Imperial Valley CA$7.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942284365 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.