Plan Ledger DOL Form 5500 · updated monthly

The Community Action Commission of Santa Barbara County, Inc.403(b)

THE COMMUNITY ACTION COMMISSION OF SANTA BARBARA COUNTY 403(B) PLAN · SANTA BARBARA, CA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

The Community Action Commission of Santa Barbara County, Inc. reported $60,320 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,267 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 has held roughly steady near 0.336%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is the 3,771st-largest of 9,483 plans among California employers on file, and the 1,093rd of 3,341 in other services. In 2023, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,980,533
Participants with balances377
Active participants300
Employer contributions$379,957
Employee contributions$545,221
Employer contribution per active participant$1,267
Average account balance$50,346
Benefits paid to participants$693,376
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINSON & BLOODGOOD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 224 accts · $21K emplr
2023$19.0M · 377 accts · $380K emplr
2022$16.9M · 384 accts · $387K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$60,320
Total administrative$60,320
Employer contributions to the The Community Action Commission of Santa Barbara County, Inc. plan · 2023
Employer contribution per active participant$1,267
Median for plans this size$2,440
2024$72 per active participant
2023$1,267 per active participant
2022$1,379 per active participant

The Community Action Commission of Santa Barbara County, Inc.'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 · 20231
LINCOLN NATIONAL CORPORATION · Contract administrator$60,320

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

Administrative cost history3
2024Not separately reported
2023$60,320 · 0.34%
2022$61,098 · 0.34%
Same employer
Similar plansOther Services · California
S&D Car Wash Management LLC CA$19.8M · 0.94%
Frasco, Inc. CA$18.8M · 0.07%
Anonymous Content, LLC CA$18.3M · 0.44%
Cali Bamboo, LLC CA$18.3M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952491790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.