Plan Ledger DOL Form 5500 · updated monthly

Queenscare Health Centers403(b)

QUEENSCARE HEALTH CENTERS RETIREMENT AND SALARY REDUCTION PLAN · EAST LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Queenscare Health Centers reported $5,586 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,214 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 0.01% to 0.02%. 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 2,665th-largest of 9,483 plans among California employers on file, and the 2,771st of 11,911 in health care & social assistance. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 250 to 301 since 2022.

Plan summary
Net assets, end of year$30,138,191
Participants with balances522
Active participants301
Employer contributions$967,322
Employee contributions$1,005,728
Employer contribution per active participant$3,214
Average account balance$57,736
Benefits paid to participants$1,732,326
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON GROUP CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 522 accts · $967K emplr
2023$26.9M · 487 accts · $716K emplr
2022$23.9M · 460 accts · $872K emplr
Employer contributions to the Queenscare Health Centers plan · 2024
Employer contribution per active participant$3,214
Median for plans this size$2,416
2024$3,214 per active participant
2023$2,670 per active participant
2022$3,487 per active participant

Queenscare Health Centers's 2024 employer contribution ran above the $2,416 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$5,586

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$5,586 · 0.02%
2023$5,250 · 0.02%
2022$1,629 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · California
San Francisco Food Bank CA$30.0M · 0.18%
Epic Care CA$29.3M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953702136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.