Plan Ledger DOL Form 5500 · updated monthly

Santa Cruz Community Health Centers401(k)

SANTA CRUZ COMMUNITY HEALTH CENTERS 401(K) PROFIT SHARING PLAN · SANTA CRUZ, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Santa Cruz Community Health Centers reported $10,587 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,473 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 0.20% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,512th of 9,483), and the 5,757th of 11,911 in health care & social assistance. In 2024, employees put in $3.36 for every $1.00 the employer contributed; active participation has grown from 192 to 248 since 2022.

Plan summary
Net assets, end of year$9,827,498
Participants with balances294
Active participants248
Employer contributions$365,187
Employee contributions$1,226,940
Employer contribution per active participant$1,473
Average account balance$33,427
Benefits paid to participants$993,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 294 accts · $365K emplr
2023$8.2M · 256 accts · $300K emplr
2022$6.0M · 231 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,587
Total administrative$10,587
The Santa Cruz Community Health Centers 401(k) match · 2024
Employer contribution per active participant$1,473
Median for plans this size$1,313
2024$1,473 per active participant
2023$1,335 per active participant
2022$1,235 per active participant

Santa Cruz Community Health Centers'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$10,586
PRINCIPAL SECURITIES INC · Other servicesindirect comp

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

Administrative cost history3
2024$10,587 · 0.12%
2023$7,274 · 0.10%
2022$12,236 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · California
Monterey Spine & Joint CA$9.9M · 0.56%
Pathway Society Inc. CA$9.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237428303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.