Plan Ledger DOL Form 5500 · updated monthly

Northbay Healthcare Corporation403(b)

NORTHBAY HEALTHCARE 403(B) RETIREMENT PLAN · FAIRFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Northbay Healthcare Corporation reported $1,329,501 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,977 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 rose from 0.16% to 0.28%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 262nd-largest of 9,483 plans among California employers on file, and the 325th 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 2,504 to 2,769 since 2022.

Plan summary
Net assets, end of year$500,754,951
Participants with balances3,587
Active participants2,769
Employer contributions$11,012,129
Employee contributions$24,967,312
Employer contribution per active participant$3,977
Average account balance$139,603
Benefits paid to participants$42,743,786
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$500.8M · 3,587 accts · $11.0M emplr
2023$454.5M · 3,530 accts · $10.3M emplr
2022$404.3M · 3,694 accts · $10.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$759,866
Investment management$550,830
Audit (IQPA)$18,805
Total administrative$1,329,501
Employer contributions to the Northbay Healthcare Corporation plan · 2024
Employer contribution per active participant$3,977
Median for plans this size$4,294
2024$3,977 per active participant
2023$3,906 per active participant
2022$4,032 per active participant

Northbay Healthcare Corporation's 2024 employer contribution ran below the $4,294 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 · 20244
LINCOLN NATIONAL CORPORATION · Contract administrator$759,866
MORNINGSTAR · Investment advisory (participants)$337,027
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (participants)$213,803
FABER HASS HURLEY LLP · Accounting / audit$18,805

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$1,329,501 · 0.28%
2023$1,189,141 · 0.28%
2022$715,978 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · California
Valley Children's Hospital CA$611.8M · 0.11%
Radnet, Inc. CA$436.6M · 0.22%
Eisenhower Medical Center CA$435.5M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680046750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.