Plan Ledger DOL Form 5500 · updated monthly

Santa Barbara Botanic Garden403(b)

SANTA BARBARA BOTANIC GARDEN RETIREMENT PLAN · SANTA BARBARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Santa Barbara Botanic Garden reported $24,783 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,972 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 0.56% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in California (7,218th of 9,483), and 970th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,422,805
Participants with balances113
Active participants87
Employer contributions$171,530
Employee contributions$398,173
Employer contribution per active participant$1,972
Average account balance$39,140
Benefits paid to participants$210,666
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPSS
Plan history2
Yearassets · accounts · employer contribution
2024$4.4M · 113 accts · $172K emplr
2023$3.6M · 137 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,405
Investment management$20,378
Total administrative$24,783
Employer contributions to the Santa Barbara Botanic Garden plan · 2024
Employer contribution per active participant$1,972
Median for plans this size$1,313
2024$1,972 per active participant
2023$1,961 per active participant

Santa Barbara Botanic Garden'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 · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$4,406
PENSIONMARK FINANCIAL GROUP LLC · Investment advisory (plan)$14,752
WORLD INVESTMENT ADVISORS · Investment advisory (plan)$5,626

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history2
2024$24,783 · 0.62%
2023$18,004 · 0.56%
Similar plansArts, Entertainment & Recreation · California
Glen Ivy Hot Springs CA$4.5M · 0.51%
Elk Valley Rancheria CA$4.4M · 0.63%
Gold Country Casino CA$4.4M · 0.09%
The Reserve Club CA$4.4M · 0.13%
Walton Isaacson, LLC CA$4.3M · 0.82%
Wilshire Country Club CA$4.2M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951644628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.