Plan Ledger DOL Form 5500 · updated monthly

The Village Family Services, Inc.403(b)

THE VILLAGE FAMILY SERVICES 403(B) PLAN · NORTH HOLLYWOOD, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

The Village Family Services, Inc. reported $24,573 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,834 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 0.48% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,245th of 9,483), and 6,736th of 11,911 in health care & social assistance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,301,777
Participants with balances149
Active participants138
Employer contributions$253,069
Employee contributions$398,130
Employer contribution per active participant$1,834
Average account balance$49,005
Benefits paid to participants$566,650
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON GROUP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 149 accts · $253K emplr
2023$6.6M · 139 accts · $240K emplr
2022$5.6M · 146 accts · $243K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,573
Total administrative$24,573
Employer contributions to the The Village Family Services, Inc. plan · 2024
Employer contribution per active participant$1,834
Median for plans this size$1,313
2024$1,834 per active participant
2023$1,713 per active participant
2022$1,711 per active participant

The Village Family Services, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$24,572
EQUITABLE ADVISORS, LLC. · Investment advisory (plan)indirect 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$24,573 · 0.35%
2023$17,802 · 0.29%
2022$27,988 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · California
Community Youth Center CA$7.4M · 0.59%
Arc Imperial Valley CA$7.3M · 0.05%
Conard House, Inc. CA$7.3M · 0.76%
Administrative Resources CA$7.3M · 0.41%
Monica Perlman, MD, Inc. CA$7.2M · 0.51%
Artesia Christian Home CA$7.2M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954625826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.