Plan Ledger DOL Form 5500 · updated monthly

Social Model Recovery Systems, Inc.401(k)

THE 401(K) PROFIT SHARING PLAN OF SOCIAL MODEL RECOVERY SYSTEMS, INC. · COVINA, CA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Social Model Recovery Systems, Inc. reported $1,677 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,932 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 0.08% to 0.04%. 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 (7,388th of 9,483), and 8,560th of 11,911 in health care & social assistance. In 2024, the employer put in $2.17 for every $1.00 employees contributed themselves; active participation has grown from 201 to 258 since 2022.

Plan summary
Net assets, end of year$3,997,592
Participants with balances255
Active participants258
Employer contributions$498,536
Employee contributions$230,041
Employer contribution per active participant$1,932
Average account balance$15,677
Benefits paid to participants$861,967
Plan auditUnmodified (clean) audit opinion
AuditorSPAFFORD & LANDRY
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 255 accts · $499K emplr
2023$3.7M · 175 accts
2022$3.2M · 181 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$430
Investment management$1,247
Total administrative$1,677
The Social Model Recovery Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,932
Median for plans this size$1,313

Social Model Recovery Systems, Inc.'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
ACCELERATE INVESTMENT ADVISORS LLC · Investment advisory (plan)$1,247

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$1,677 · 0.04%
2023$750 · 0.02%
2022$2,895 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · California
Accesshope, LLC CA$4.1M · 0.19%
Adjoin CA$4.0M · 0.89%
Yolo Hospice, Inc. CA$4.0M · 0.03%
Community Action Marin CA$4.0M · 0.85%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954079133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.