Plan Ledger DOL Form 5500 · updated monthly

South Central Family Health Center403(b)

SOUTH CENTRAL FAMILY HEALTH CENTER 403(B) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

South Central Family Health Center reported $6,033 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,637 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 rose from 0.04% to 0.07%. 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 (5,660th of 9,483), and the 5,934th of 11,911 in health care & social assistance. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 273 to 331 since 2022.

Plan summary
Net assets, end of year$9,327,285
Participants with balances381
Active participants331
Employer contributions$541,975
Employee contributions$937,599
Employer contribution per active participant$1,637
Average account balance$24,481
Benefits paid to participants$784,949
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 381 accts · $542K emplr
2023$7.5M · 309 accts · $414K emplr
2022$5.8M · 350 accts · $288K emplr
Employer contributions to the South Central Family Health Center plan · 2024
Employer contribution per active participant$1,637
Median for plans this size$1,313
2024$1,637 per active participant
2023$1,385 per active participant
2022$1,054 per active participant

South Central Family Health Center'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$5,825

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$6,033 · 0.07%
2023$2,047 · 0.03%
2022$2,560 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · California
Proteus, Inc. CA$9.4M · 0.87%
San Diego Hebrew Homes CA$9.2M · 0.04%
Tallis, LLC CA$9.2M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953877793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.