Plan Ledger DOL Form 5500 · updated monthly

Packard Children's Health Alliance403(b)

PACKARD CHILDREN'S HEALTH ALLIANCE 403(B) RETIREMENT PLAN · PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Packard Children's Health Alliance reported $19,274 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,155 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 0.12% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,829th-largest of 9,483 plans among California employers on file, and the 2,911th of 11,911 in health care & social assistance. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,081,357
Participants with balances418
Active participants366
Employer contributions$1,520,905
Employee contributions$1,930,993
Employer contribution per active participant$4,155
Average account balance$67,180
Benefits paid to participants$1,818,236
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 418 accts · $1.5M emplr
2023$23.3M · 400 accts · $1.3M emplr
2022$18.4M · 379 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,274
Total administrative$19,274
Employer contributions to the Packard Children's Health Alliance plan · 2024
Employer contribution per active participant$4,155
Median for plans this size$2,416
2024$4,155 per active participant
2023$3,435 per active participant
2022$4,505 per active participant

Packard Children's Health Alliance's 2024 employer contribution ran above the $2,416 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 · 20241
FID INV INST OPS CO · Recordkeeping · Loan processing$19,274

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,274 · 0.07%
2023$21,835 · 0.10%
2022$22,797 · 0.12%
Similar plansHealth Care & Social Assistance · California
Marin Community Clinics CA$28.7M · 0.23%
Boys Republic CA$27.6M · 0.01%
Child Action, Inc. CA$26.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320359189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.