Plan Ledger DOL Form 5500 · updated monthly

Torrance Health Association403(b)

TORRANCE HEALTH ASSOCIATION 403(B) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Torrance Health Association reported $476,777 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 320th-largest of 9,483 plans among California employers on file, and the 387th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$406,068,019
Participants with balances5,998
Active participants5,025
Employer contributions$0
Employee contributions$26,852,990
Employer contribution per active participant$0
Average account balance$67,701
Benefits paid to participants$33,141,537
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$406.1M · 5,998 accts
2023$368.4M · 5,695 accts · $443 emplr
2022$316.6M · 5,475 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$466,804
Investment management$9,973
Total administrative$476,777
Employer contributions to the Torrance Health Association plan · 2024
Employer contribution per active participant$0
Median for plans this size$4,294

Torrance Health Association's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20245
LINCOLN NATIONAL CORPORATION · Contract administrator$435,260
COMMERCIAL SUPPORT SERVICES · Contract administrator$12,000
METLIFE LIFE INSURANCE COMPANY$8,692
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$7,993

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$476,777 · 0.12%
2023$425,577 · 0.12%
2022$436,139 · 0.13%
All plans at this employer2
THE TORRANCE HEALTH ASSOCIATION INC 401(A) PLANProfit-sharing plan
TORRANCE HEALTH ASSOCIATION 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · California
Eisenhower Medical Center CA$435.5M · 0.12%
Pih Health, Inc CA$423.3M · 0.15%
Emanate Health CA$418.4M · 0.14%
Enloe Medical Center CA$402.8M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330073515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.