Plan Ledger DOL Form 5500 · updated monthly

Owens Valley Career Development Center401(k)

OWENS VALLEY CAREER DEVELOPMENT CENTER RETIREMENT SAVINGS PLAN · BISHOP, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Owens Valley Career Development Center reported $31,144 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $3,038 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 0.42% to 0.32%. 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 (5,355th of 9,483), and the 5,604th of 11,911 in health care & social assistance. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves; active participation has grown from 139 to 153 since 2022.

Plan summary
Net assets, end of year$10,349,182
Participants with balances213
Active participants153
Employer contributions$464,812
Employee contributions$442,177
Employer contribution per active participant$3,038
Average account balance$48,588
Benefits paid to participants$933,673
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 213 accts · $465K emplr
2023$9.1M · 219 accts · $420K emplr
2022$7.7M · 201 accts · $409K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,735
Investment management$26,409
Total administrative$31,144
The Owens Valley Career Development Center 401(k) match · 2024
Employer contribution per active participant$3,038
Median for plans this size$1,313
2024$3,038 per active participant
2023$2,858 per active participant
2022$2,943 per active participant

Owens Valley Career Development Center's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$26,409

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$31,144 · 0.32%
2023$33,010 · 0.39%
2022$39,727 · 0.42%
Similar plansHealth Care & Social Assistance · California
Lincoln CA$10.4M · 0.00%
National Renal Care, LLC CA$10.4M · 0.79%
Front St. Inc. CA$10.4M · 0.01%
The Trevor Project, Inc. CA$10.3M · 0.26%
Valley Community Healthcare CA$10.3M · 0.63%
Eskaton Properties, Inc. CA$10.1M · 0.42%
Koinonia Foster Homes Inc. CA$10.1M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 770222088 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.