Plan Ledger DOL Form 5500 · updated monthly

San Francisco Food Bank403(b)

403(B) THRIFT PLAN FOR EMPLOYEES OF THE SAN FRANCISCO FOOD BANK · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

San Francisco Food Bank reported $49,351 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $5,089 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 0.33% to 0.18%. 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 2,683rd-largest of 9,483 plans among California employers on file, and the 2,780th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has shrunk from 273 to 209 since 2022.

Plan summary
Net assets, end of year$29,959,398
Participants with balances325
Active participants209
Employer contributions$1,063,679
Employee contributions$2,007,729
Employer contribution per active participant$5,089
Average account balance$92,183
Benefits paid to participants$1,014,983
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.0M · 325 accts · $1.1M emplr
2023$25.0M · 311 accts · $1.1M emplr
2022$20.2M · 346 accts · $949K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,351
Total administrative$49,351
Employer contributions to the San Francisco Food Bank plan · 2024
Employer contribution per active participant$5,089
Median for plans this size$2,416
2024$5,089 per active participant
2023$5,357 per active participant
2022$3,475 per active participant

San Francisco Food Bank'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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$49,004
CHARLES SCHWAB TRUST COMPANY · 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$49,351 · 0.18%
2023$57,165 · 0.25%
2022$59,074 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · California
Queenscare Health Centers CA$30.1M · 0.02%
Epic Care CA$29.3M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 943041517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.