Plan Ledger DOL Form 5500 · updated monthly

Therapeutic Pathways, Inc dba the Kendall Center401(k)

THERAPEUTIC PATHWAYS 401(K) PLAN · MODESTO, CA · plan year 2023

Reported admin expense ratio · 2023
0.73%

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

Therapeutic Pathways, Inc dba the Kendall Center reported $37,482 in plan administrative expenses for 2023: 0.73% of average plan assets, above the peer median. Employer contributions averaged $823 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 has held roughly steady near 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in California (6,915th of 9,483), and 2,490th of 3,091 in educational services. In 2023, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 255 to 163 since 2022.

Plan summary
Net assets, end of year$5,278,705
Participants with balances128
Active participants163
Employer contributions$134,126
Employee contributions$277,157
Employer contribution per active participant$823
Average account balance$41,240
Benefits paid to participants$838,553
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$5.3M · 128 accts · $134K emplr
2022$5.0M · 135 accts · $219K emplr
The Therapeutic Pathways, Inc dba the Kendall Center 401(k) match · 2023
Employer contribution per active participant$823
Median for plans this size$1,308
2023$823 per active participant
2022$860 per active participant

Therapeutic Pathways, Inc dba the Kendall Center's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
MERRILL LYNCH PIERCE PENNER & SMITH · Investment advisory (plan)$16,033
EMPOWER ADVISORY GROUP LLC · Investment management$7,018
OSBORNE & ASSOCIATES, INC. · Contract administrator$5,801
OTHER$9

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

Administrative cost history3
2024Not separately reported
2023$37,482 · 0.73%
2022$37,780 · 0.71%
Same employer
Similar plansEducational Services · California
Aztec Shops, LTD. CA$5.5M · 1.18%
REMIND101, Inc. CA$5.5M · 0.25%
Reforge Inc CA$5.3M · 0.03%
The Berkeley School CA$5.3M · 0.27%
The Primary School CA$5.0M · 0.40%
The Primary School Labs CA$5.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770576678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.