Plan Ledger DOL Form 5500 · updated monthly

Sansum Clinic403(b)

SANSUM CLINIC MATCH PLAN · SANTA BARBARA, CA · plan year 2023

Reported admin expense ratio · 2023
0.21%

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

Sansum Clinic reported $132,863 in plan administrative expenses for 2023: 0.21% of average plan assets, above the peer median. Employer contributions averaged $1,356 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 3 years on file its reported administrative ratio has held roughly steady near 0.199%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,371st-largest of 9,483 plans among California employers on file, and the 1,486th of 11,911 in health care & social assistance. In 2023, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,128,500
Participants with balances1,537
Active participants1,180
Employer contributions$1,599,784
Employee contributions$4,161,277
Employer contribution per active participant$1,356
Average account balance$43,675
Benefits paid to participants$6,240,326
Plan auditDisclaimer of opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$66.2M · 1,474 accts · $1.3M emplr
2023$67.1M · 1,537 accts · $1.6M emplr
2022$60.3M · 1,609 accts · $1.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$128,631
Investment management$4,232
Total administrative$132,863
Employer contributions to the Sansum Clinic plan · 2023
Employer contribution per active participant$1,356
Median for plans this size$3,659
2024$1,079 per active participant
2023$1,356 per active participant
2022$1,256 per active participant

Sansum Clinic's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LINCOLN NATIONAL CORPORATION · Contract administrator$128,631
COMMERCIAL SUPPORT SERVICES · Investment advisory (participants) · Investment advisory (plan)$4,232

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

Administrative cost history4
2025Not separately reported
2024$132,358 · 0.20%
2023$132,863 · 0.21%
2022$127,495 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · California
Sutter Bay Hospitals CA$67.1M · 0.02%
Staar Surgical Company CA$65.5M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956419205 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.