Plan Ledger DOL Form 5500 · updated monthly

Passages 401(K) Retirement Plan401(k)

PASSAGES 401(K) RETIREMENT PLAN · MALIBU, CA · plan year 2022

Reported admin expense ratio · 2022
1.55%

Passages 401(K) Retirement Plan reported $7,432 in plan administrative expenses for 2022: 1.55% of average plan assets, above the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (9,057th of 9,483), and 11,323rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$529,836
Participants with balances79
Active participants169
Employer contributions—
Employee contributions$246,059
Employer contribution per active participant—
Average account balance$6,707
Benefits paid to participants$58,499
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$7,432
Total administrative$7,432
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$7,432 · 1.55%
Similar plansHealth Care & Social Assistance · California
Robsag, Inc. CA$612K · 1.31%
United Families, Inc. CA$597K · 0.05%
Beecan Health LLC CA$515K · 1.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954848650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.