Plan Ledger DOL Form 5500 · updated monthly

South County Community Health Center, Inc. dba403(b)

RAVENSWOOD FAMILY HEALTH CENTER 403(B) PLAN · EAST PALO ALTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

South County Community Health Center, Inc. dba reported $10,638 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,970 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 0.06%. 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 3,596th-largest of 9,483 plans among California employers on file, and the 3,665th of 11,911 in health care & social assistance. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 320 to 358 since 2022.

Plan summary
Net assets, end of year$20,283,129
Participants with balances220
Active participants358
Employer contributions$705,190
Employee contributions$1,303,227
Employer contribution per active participant$1,970
Average account balance$92,196
Benefits paid to participants$2,581,702
Plan auditUnmodified (clean) audit opinion
AuditorHARSHWAL % COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 220 accts · $705K emplr
2023$17.9M · 203 accts · $636K emplr
2022$14.6M · 211 accts · $454K emplr
Employer contributions to the South County Community Health Center, Inc. dba plan · 2024
Employer contribution per active participant$1,970
Median for plans this size$2,416
2024$1,970 per active participant
2023$1,934 per active participant
2022$1,418 per active participant

South County Community Health Center, Inc. dba's 2024 employer contribution ran below the $2,416 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
WESPAC PLAN SERVICES, LLC · Contract administrator · Recordkeeping$10,639
WESPAC ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024WESPAC PLAN SERVICES, LLC
2023WESPAC PLAN SERVICES, LLC

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

Administrative cost history3
2024$10,638 · 0.06%
2023$9,361 · 0.06%
2022$5,635 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · California
Bt Bidco, Inc. CA$20.6M · 0.48%
St. John's Community Health CA$20.3M · 0.60%
Biora Therapeutics, Inc. CA$20.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943372130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.