Plan Ledger DOL Form 5500 · updated monthly

The Springs Community Associat401(k)

THE SPRINGS COMMUNITY ASSOCIAT 401(K) PROFIT SHARING PLAN & TRUST · RANCHO MIRAGE, CA · plan year 2022

Reported admin expense ratio · 2022
0.60%

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

The Springs Community Associat reported $19,261 in plan administrative expenses for 2022: 0.60% of average plan assets, above the peer median. Employer contributions averaged $739 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (7,882nd of 9,483), and 2,676th of 3,341 in other services. In 2022, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,939,399
Participants with balances63
Active participants138
Employer contributions$101,958
Employee contributions$173,198
Employer contribution per active participant$739
Average account balance$46,657
Benefits paid to participants$390,829
Plan auditUnmodified (clean) audit opinion
AuditorEGAN CPAS LP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$12,078
Investment management$7,183
Total administrative$19,261
The The Springs Community Associat 401(k) match · 2022
Employer contribution per active participant$739
Median for plans this size$1,114

The Springs Community Associat's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,261 · 0.60%
Similar plansOther Services · California
No Ordinary Moments, Inc. CA$3.1M · 0.31%
Sacramento Scs, Inc. CA$3.0M · 0.10%
Broadbase Inc CA$2.9M · 0.94%
Promesa Behavioral Health CA$2.8M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952947386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.