Plan Ledger DOL Form 5500 · updated monthly

The West Oakland Health CouncilMoney purchase plan

THE WEST OAKLAND HEALTH COUNCIL RETIREMENT SAVINGS PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
2.34%

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

The West Oakland Health Council reported $150,325 in plan administrative expenses for 2024: 2.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,312 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 0.58% to 2.34%. 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 (6,462nd of 9,483), and 7,055th of 11,911 in health care & social assistance. active participation has shrunk from 130 to 115 since 2022.

Plan summary
Net assets, end of year$6,608,309
Participants with balances156
Active participants115
Employer contributions$265,880
Employee contributions—
Employer contribution per active participant$2,312
Average account balance$42,361
Benefits paid to participants$398,020
Plan auditUnmodified (clean) audit opinion
AuditorJWT & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.6M · 156 accts · $266K emplr
2023$6.3M · 158 accts · $93K emplr
2022$6.3M · 172 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,325
Total administrative$150,325
Employer contributions to the The West Oakland Health Council plan · 2024
Employer contribution per active participant$2,312
Median for plans this size$1,313
2024$2,312 per active participant
2023$754 per active participant
2022$1,175 per active participant

The West Oakland Health Council's 2024 employer contribution ran above the $1,313 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 · 20241
EQUITABLE LIFE INSURANCE CO. · Recordkeeping · Trustee (directed)$55,357

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024EQUITABLE LIFE INSURANCE CO.
2023EQUITABLE LIFE INSURANCE CO.

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

Administrative cost history3
2024$150,325 · 2.34%
2023$41,068 · 0.65%
2022$43,386 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · California
Alastin Skincare, Inc. CA$6.7M · 0.02%
D'Veal Corporation CA$6.6M · 0.02%
Octave Health Group Inc. CA$6.6M · 0.19%
Mdrs Holdings, Inc. CA$6.6M · 1.03%
The Whole Child CA$6.6M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 941667294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.