Plan Ledger DOL Form 5500 · updated monthly

Union Rescue Mission401(k)

UNION RESCUE MISSION 401(K) PLAN · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
1.55%

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

Union Rescue Mission reported $53,465 in plan administrative expenses for 2023: 1.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,398 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 1 year on file its reported administrative ratio rose from 0.97% to 1.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,475th of 9,483), and 8,692nd of 11,911 in health care & social assistance. In 2023, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 175 to 200 since 2022.

Plan summary
Net assets, end of year$3,794,910
Participants with balances209
Active participants200
Employer contributions$279,601
Employee contributions$471,791
Employer contribution per active participant$1,398
Average account balance$18,157
Benefits paid to participants$500,255
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $23K emplr
2023$3.8M · 209 accts · $280K emplr
2022$3.1M · 289 accts · $242K emplr
Administrative expenses, itemized · 2023
Investment management$53,465
Total administrative$53,465
The Union Rescue Mission 401(k) match · 2023
Employer contribution per active participant$1,398
Median for plans this size$1,308
2023$1,398 per active participant
2022$1,381 per active participant

Union Rescue Mission's 2023 employer contribution ran above 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 · 20233
TRANSAMERICA FINANCIAL LIFE INS COR · Recordkeeping · Loan processing$28,600
HICKS PENSION SERVICES · Recordkeeping · Loan processing$12,675
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$8,454

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$53,465 · 1.55%
2022$32,357 · 0.97%
Same employer
Similar plansHealth Care & Social Assistance · California
Pathways La CA$3.9M · 0.04%
Good Health, Inc. CA$3.8M · 0.22%
Harbor Community Clinic CA$3.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951709293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.