Plan Ledger DOL Form 5500 · updated monthly

United States Veterans Initiative401(k)

UNITED STATES VETERANS INITIATIVE RETIREMENT SAVINGS PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

United States Veterans Initiative reported $93,926 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $833 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 0.05% to 0.76%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 4,669th-largest of 9,483 plans among California employers on file, and the 4,803rd of 11,911 in health care & social assistance. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has grown from 481 to 607 since 2022.

Plan summary
Net assets, end of year$13,479,595
Participants with balances603
Active participants607
Employer contributions$505,657
Employee contributions$1,382,372
Employer contribution per active participant$833
Average account balance$22,354
Benefits paid to participants$969,999
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 603 accts · $506K emplr
2023$11.2M · 597 accts · $454K emplr
2022$8.4M · 564 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,313
Investment management$2,897
Total administrative$93,926
The United States Veterans Initiative 401(k) match · 2024
Employer contribution per active participant$833
Median for plans this size$2,416
2024$833 per active participant
2023$758 per active participant
2022$952 per active participant

United States Veterans Initiative's 2024 employer contribution ran below the $2,416 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 · 20242
GLOBAL RETIREMENT PARTNERS LLCindirect 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$93,926 · 0.76%
2023$23,281 · 0.24%
2022$4,664 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · California
East Bay Integrated Care CA$13.8M · 0.69%
Sun Mar Healthcare CA$13.7M · 0.08%
The Guidance Center CA$13.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954382752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.