Plan Ledger DOL Form 5500 · updated monthly

The San Francisco Foundation401(k)

THE SAN FRANCISCO FOUNDATION EMPLOYEES' 401(K) SAVINGS PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

The San Francisco Foundation reported $85,355 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $12,392 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 0.40% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 2,769th-largest of 9,483 plans among California employers on file, and the 759th of 3,341 in other services. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$28,779,046
Participants with balances155
Active participants105
Employer contributions$1,301,147
Employee contributions$1,149,970
Employer contribution per active participant$12,392
Average account balance$185,671
Benefits paid to participants$582,658
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 155 accts · $1.3M emplr
2023$23.3M · 152 accts · $1.4M emplr
2022$20.8M · 159 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,954
Investment management$16,401
Total administrative$85,355
The The San Francisco Foundation 401(k) match · 2024
Employer contribution per active participant$12,392
Median for plans this size$2,416
2024$12,392 per active participant
2023$13,088 per active participant
2022$12,768 per active participant

The San Francisco Foundation's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$68,899
LOCKBOX SAGEVIEW ADVISOR · Investment advisory (plan)$21,947
MOSS ADAMS · Accounting / auditindirect 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$85,355 · 0.33%
2023$52,598 · 0.24%
2022$76,095 · 0.40%
Same employer
Similar plansOther Services · California
Green Hills Memorial Park CA$30.0M · 0.71%
Cypress Lawn Cemetery Assoc CA$28.8M · 0.50%
Los Angeles Lgbt Center CA$28.8M · 0.06%
Conrad N. Hilton Foundation CA$28.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010679337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.