Plan Ledger DOL Form 5500 · updated monthly

US Skilledserve Facilities401(k)

US SKILLEDSERVE FACILITIES 401(K) PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

US Skilledserve Facilities reported $30,945 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $13 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 fell from 0.75% to 0.55%. 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 (6,494th of 9,483), and 7,109th of 11,911 in health care & social assistance. In 2024, employees put in $50.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,481,518
Participants with balances295
Active participants2,091
Employer contributions$26,870
Employee contributions$1,345,719
Employer contribution per active participant$13
Average account balance$21,971
Benefits paid to participants$365,861
Plan auditUnmodified (clean) audit opinion
AuditorSERVATIUS, O'BRIEN & FONG, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 295 accts · $27K emplr
2023$4.7M · 205 accts · $23K emplr
2022$3.3M · 205 accts · $20K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,793
Total administrative$30,945
The US Skilledserve Facilities 401(k) match · 2024
Employer contribution per active participant$13
Median for plans this size$1,313
2024$13 per active participant
2023$11 per active participant
2022$10 per active participant

US Skilledserve Facilities's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$15,732
COLEMAN BENEFIT ADVISORS · Investment advisory (plan)$15,213

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$30,945 · 0.55%
2023$23,746 · 0.59%
2022$22,817 · 0.75%
Similar plansHealth Care & Social Assistance · California
Mdrs Holdings, Inc. CA$6.6M · 1.03%
The Whole Child CA$6.6M · 0.06%
Horizon Services, Inc. CA$6.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261656317 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.