Plan Ledger DOL Form 5500 · updated monthly

The Fresno Center401(k)

THE FRESNO CENTER 401K PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

The Fresno Center reported $10,307 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,352 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 0.59% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (8,150th of 9,483), and 2,790th of 3,341 in other services. In 2024, employees put in $2.47 for every $1.00 the employer contributed; active participation has shrunk from 140 to 106 since 2022.

Plan summary
Net assets, end of year$2,358,958
Participants with balances224
Active participants106
Employer contributions$143,330
Employee contributions$354,632
Employer contribution per active participant$1,352
Average account balance$10,531
Benefits paid to participants$219,832
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS CPAS I
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 224 accts · $143K emplr
2023$1.9M · 206 accts · $125K emplr
2022$1.4M · 199 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,890
Audit (IQPA)$7,417
Total administrative$10,307
The The Fresno Center 401(k) match · 2024
Employer contribution per active participant$1,352
Median for plans this size$1,313
2024$1,352 per active participant
2023$1,286 per active participant
2022$1,029 per active participant

The Fresno 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$10,306
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$10,307 · 0.49%
2023$8,247 · 0.51%
2022$7,638 · 0.59%
Similar plansOther Services · California
Children's Hunger Fund CA$2.4M · 0.60%
Soapy Joe's Group, Inc. CA$2.4M · 1.59%
The Reutlinger Community CA$2.3M · 0.81%
Hardy Window Company CA$2.1M · 1.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770280265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.