Plan Ledger DOL Form 5500 · updated monthly

Northeast Valley Health Corporation403(b)

NORTHEAST VALLEY HEALTH CORPORATION 403(B) PLAN · SAN FERNANDO, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Northeast Valley Health Corporation reported $185,391 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $3,360 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 0.22% to 0.20%. 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 1,023rd-largest of 9,483 plans among California employers on file, and the 1,117th of 11,911 in health care & social assistance. In 2024, employees put in $1.00 for every $1.00 the employer contributed; active participation has grown from 998 to 1,259 since 2022.

Plan summary
Net assets, end of year$97,856,159
Participants with balances1,992
Active participants1,259
Employer contributions$4,229,674
Employee contributions$4,245,277
Employer contribution per active participant$3,360
Average account balance$49,125
Benefits paid to participants$4,334,345
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.9M · 1,992 accts · $4.2M emplr
2023$83.5M · 1,788 accts · $4.0M emplr
2022$68.6M · 1,674 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$185,391
Total administrative$185,391
Employer contributions to the Northeast Valley Health Corporation plan · 2024
Employer contribution per active participant$3,360
Median for plans this size$3,635
2024$3,360 per active participant
2023$3,680 per active participant
2022$3,219 per active participant

Northeast Valley Health Corporation's 2024 employer contribution ran below the $3,635 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
VALIC RETIREMENT SERVICE COMPANY · Custodial (securities) · Investment management$174,630
VARIABLE ANNUITY LIFE INSURANCE CO · Custodial (securities) · Investment advisory (participants)$10,661

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$185,391 · 0.20%
2023$150,643 · 0.20%
2022$157,615 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · California
Cottage Health CA$102.0M · 0.26%
Asian Health Services CA$101.4M · 0.11%
Tides Center CA$95.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237120632 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.