Plan Ledger DOL Form 5500 · updated monthly

Rescue Mission Alliance403(b)

RESCUE MISSION ALLIANCE 403(B) RETIREMENT PLAN · OXNARD, CA · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Rescue Mission Alliance reported $23,515 in plan administrative expenses for 2023: 0.61% of average plan assets, above the peer median. Employer contributions averaged $979 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 1 year on file its reported administrative ratio rose from 0.55% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,304th of 9,483), and 8,396th of 11,911 in health care & social assistance. In 2023, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,222,562
Participants with balances116
Active participants237
Employer contributions$232,113
Employee contributions$338,423
Employer contribution per active participant$979
Average account balance$36,401
Benefits paid to participants$322,173
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLP
Plan history2
Yearassets · accounts · employer contribution
2023$4.2M · 116 accts · $232K emplr
2022$3.4M · 116 accts · $208K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,515
Total administrative$23,515
Employer contributions to the Rescue Mission Alliance plan · 2023
Employer contribution per active participant$979
Median for plans this size$1,308
2023$979 per active participant
2022$934 per active participant

Rescue Mission Alliance's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,514
NFP RETIREMENT INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history2
2023$23,515 · 0.61%
2022$20,452 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · California
Bonita House, Inc. CA$4.3M · 0.03%
T. E. R. I., Inc. CA$4.3M · 0.11%
Casa Pacifica CA$4.2M · 1.11%
Inland Christian Home CA$4.2M · 0.53%
Reimagine Network CA$4.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237278002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.