Plan Ledger DOL Form 5500 · updated monthly

Neighborhood Healthcare403(b)

NEIGHBORHOOD HEALTHCARE 403(B) RETIREMENT PLAN · ESCONDIDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Neighborhood Healthcare reported $94,980 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $1,784 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 0.32% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,537th-largest of 9,483 plans among California employers on file, and the 1,634th of 11,911 in health care & social assistance. In 2024, employees put in $2.27 for every $1.00 the employer contributed; active participation has grown from 1,087 to 1,418 since 2022.

Plan summary
Net assets, end of year$59,336,002
Participants with balances1,469
Active participants1,418
Employer contributions$2,529,500
Employee contributions$5,735,849
Employer contribution per active participant$1,784
Average account balance$40,392
Benefits paid to participants$4,531,060
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.3M · 1,469 accts · $2.5M emplr
2023$48.8M · 1,562 accts · $2.1M emplr
2022$39.8M · 1,251 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,980
Total administrative$94,980
Employer contributions to the Neighborhood Healthcare plan · 2024
Employer contribution per active participant$1,784
Median for plans this size$3,635
2024$1,784 per active participant
2023$1,714 per active participant
2022$1,597 per active participant

Neighborhood Healthcare's 2024 employer contribution ran below the $3,635 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$106,965

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$94,980 · 0.18%
2023$139,572 · 0.32%
2022$132,066 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · California
St. Rose Hospital CA$63.5M · 0.16%
Sage Veterinary Centers, LP CA$62.6M · 0.16%
Continuing Life LLC CA$62.4M · 0.45%
Arcus Biosciences, Inc. CA$60.2M · 0.45%
Unio Health Partners, LLC CA$59.0M · 0.09%
Seneca Family of Agencies CA$58.7M · 0.11%
Veracyte, Inc. CA$58.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952796316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.