Plan Ledger DOL Form 5500 · updated monthly

Sansum Diabetes Research Institute403(b)

SANSUM DIABETES RESEARCH INSTITUTE 403(B) RETIREMENT PLAN · SANTA BARBARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Sansum Diabetes Research Institute reported $19,869 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,813 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,199th of 9,483), and 9,999th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,470,569
Participants with balances139
Active participants70
Employer contributions$126,920
Employee contributions$302,327
Employer contribution per active participant$1,813
Average account balance$32,162
Benefits paid to participants$1,141,523
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,869
Total administrative$19,869
The Sansum Diabetes Research Institute 401(k) match · 2024
Employer contribution per active participant$1,813
Median for plans this size$1,313

Sansum Diabetes Research Institute's 2024 employer contribution ran above the $1,313 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 · 20244
ASCENSUS HOLDINGS INC. DBA FUTUREPL · Contract administrator$1,200
UPFSA INS AGENCY OF AZ INC.indirect comp
ASCENSUS INC.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 history1
2024$19,869 · 0.51%
Similar plansProfessional & Technical Services · California
Qualio CA$4.5M · 0.12%
Dapper America Inc. CA$4.5M · 0.19%
Joinn Biologics US Inc CA$4.4M · 0.85%
Quartzy, Inc CA$4.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951684086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.