Plan Ledger DOL Form 5500 · updated monthly

Vasindas Around the ClockProfit-sharing plan

GOLDEN STATE RETIREMENT PLAN MEP BY VASINDAS AROUND THE CLOCK · BAKERSFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Vasindas Around the Clock reported $45,265 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $458 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.

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 (6,957th of 9,483), and 7,835th of 11,911 in health care & social assistance. In 2024, employees put in $11.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,146,533
Participants with balances138
Active participants118
Employer contributions$54,037
Employee contributions$613,016
Employer contribution per active participant$458
Average account balance$37,294
Benefits paid to participants$322,375
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,265
Total administrative$45,265
Employer contributions to the Vasindas Around the Clock plan · 2024
Employer contribution per active participant$458
Median for plans this size$1,313

Vasindas Around the Clock'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 · 20243
BARNES WEALTH MANAGEMENT GROUP · Investment advisory (plan)$22,026
PENTEGRA SERVICES INC · Contract administrator$7,349

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

Administrative cost history1
2024$45,265 · 0.94%
Same employer
Similar plansHealth Care & Social Assistance · California
St. Joseph Center CA$5.2M · 0.70%
Psynergy Programs, Inc. CA$5.1M · 0.63%
United Medical Doctors CA$5.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770429091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.