Plan Ledger DOL Form 5500 · updated monthly

Second Harvest of Silicon Valley403(b)

SECOND HARVEST OF SILICON VALLEY 403(B) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Second Harvest of Silicon Valley reported $36,008 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,818 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 0.15% to 0.11%. 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 2,268th-largest of 9,483 plans among California employers on file, and the 2,367th of 11,911 in health care & social assistance. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has shrunk from 321 to 274 since 2022.

Plan summary
Net assets, end of year$37,171,490
Participants with balances362
Active participants274
Employer contributions$1,320,031
Employee contributions$2,235,960
Employer contribution per active participant$4,818
Average account balance$102,684
Benefits paid to participants$1,556,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 362 accts · $1.3M emplr
2023$31.3M · 386 accts · $1.3M emplr
2022$24.2M · 411 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,008
Total administrative$36,008
Employer contributions to the Second Harvest of Silicon Valley plan · 2024
Employer contribution per active participant$4,818
Median for plans this size$2,416
2024$4,818 per active participant
2023$4,438 per active participant
2022$3,567 per active participant

Second Harvest of Silicon Valley'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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$36,008

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$36,008 · 0.11%
2023$40,699 · 0.15%
2022$36,560 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · California
Altais Health Solutions CA$38.8M · 0.40%
Sequoia Living Inc. CA$36.4M · 0.24%
Covia Communities CA$36.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942614101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.