Plan Ledger DOL Form 5500 · updated monthly

Speech & Language Development Center401(k)

SPEECH & LANGUAGE DEVELOPMENT CENTER 401(K) PROFIT SHARING PLAN · BUENA PARK, CA · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Speech & Language Development Center reported $38,909 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $993 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 0.32% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 4,366th-largest of 9,483 plans among California employers on file, and 1,804th of 3,091 in educational services. In 2023, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 147 to 192 since 2022.

Plan summary
Net assets, end of year$15,180,524
Participants with balances241
Active participants192
Employer contributions$190,567
Employee contributions$318,864
Employer contribution per active participant$993
Average account balance$62,990
Benefits paid to participants$1,079,625
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON GROUP CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 277 accts · $177K emplr
2023$15.2M · 241 accts · $191K emplr
2022$14.3M · 208 accts · $128K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$38,359
Total administrative$38,909
The Speech & Language Development Center 401(k) match · 2023
Employer contribution per active participant$993
Median for plans this size$2,440
2024$1,305 per active participant
2023$993 per active participant
2022$872 per active participant

Speech & Language Development Center's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
401(K) AMERICA, 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$31,787 · 0.22%
2023$38,909 · 0.26%
2022$47,421 · 0.32%
Same employer
Similar plansEducational Services · California
Notre Dame High School CA$15.5M · 0.37%
The University Corporation CA$14.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952162129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.