Plan Ledger DOL Form 5500 · updated monthly

The Teen Project Inc401(k)

THE TEEN PROJECT INC 401K PLAN · SUN VALLEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

The Teen Project Inc reported $4,340 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,232 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 rose from 0.38% to 0.50%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,829th of 9,483), and 10,894th of 11,911 in health care & social assistance. In 2024, employees put in $2.52 for every $1.00 the employer contributed; active participation has shrunk from 82 to 73 since 2022.

Plan summary
Net assets, end of year$1,013,511
Participants with balances183
Active participants73
Employer contributions$89,924
Employee contributions$226,743
Employer contribution per active participant$1,232
Average account balance$5,538
Benefits paid to participants$136,099
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.0M · 183 accts · $90K emplr
2023$730K · 188 accts · $94K emplr
2022$365K · 153 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,340
Total administrative$4,340
The The Teen Project Inc 401(k) match · 2024
Employer contribution per active participant$1,232
Median for plans this size$540
2024$1,232 per active participant
2023$1,326 per active participant
2022$734 per active participant

The Teen Project Inc's 2024 employer contribution ran above the $540 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
ADP, INC. · Loan processing · Recordkeeping$4,339
ADP BROKER-DEALERindirect comp
LPL FINANCIAL LLC · 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$4,340 · 0.50%
2023$2,856 · 0.52%
2022$1,090 · 0.38%
Similar plansHealth Care & Social Assistance · California
Inland Respite, Inc. CA$1.0M · 1.63%
MD Tox Laboratory CA$1.0M · 0.33%
Ashmore Dental Group Corp CA$993K · 2.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300421837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.