Plan Ledger DOL Form 5500 · updated monthly

San Fernando Valley Community Mental Health Center, Inc.403(b)

SFVCMHC, INC. 403(B) PLAN · VAN NUYS, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

San Fernando Valley Community Mental Health Center, Inc. reported $139,931 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $536 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 0.71% to 0.62%. 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 3,198th-largest of 9,483 plans among California employers on file, and the 3,252nd of 11,911 in health care & social assistance. In 2024, employees put in $5.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,001,036
Participants with balances418
Active participants417
Employer contributions$223,488
Employee contributions$1,244,883
Employer contribution per active participant$536
Average account balance$57,419
Benefits paid to participants$1,499,354
Plan auditUnmodified (clean) audit opinion
AuditorHOFFMAN SHORT, AN ACCOUNTANCY CORP
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 418 accts · $223K emplr
2023$21.5M · 404 accts · $233K emplr
2022$19.4M · 403 accts · $396K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,283
Investment management$62,648
Total administrative$139,931
Employer contributions to the San Fernando Valley Community Mental Health Center, Inc. plan · 2024
Employer contribution per active participant$536
Median for plans this size$2,416
2024$536 per active participant
2023$568 per active participant
2022$980 per active participant

San Fernando Valley Community Mental Health Center, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$77,282
INDEPENDENT FINANCIAL GROUP, LLC · Investment advisory (plan)$62,648
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$139,931 · 0.62%
2023$122,588 · 0.60%
2022$131,293 · 0.71%
Same employer
Similar plansHealth Care & Social Assistance · California
Healthright 360 CA$24.1M · 0.24%
Orthopaedic Hospital CA$23.8M · 0.35%
Salud Para la Gente CA$23.7M · 0.31%
Premier B.H., Inc. CA$23.6M · 0.90%
Apla Health & Wellness CA$23.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956194487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.