Plan Ledger DOL Form 5500 · updated monthly

Visiting Nurse and Hospice Care of Santa Barbara403(b)

403(B) THRIFT PLAN OF VISITING NURSE AND HOSPICE CARE OF SANTA BARBARA · SANTA BARBARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Visiting Nurse and Hospice Care of Santa Barbara reported $1,845 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,462 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 0.00% to 0.01%. 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 3,405th-largest of 9,483 plans among California employers on file, and the 3,450th of 11,911 in health care & social assistance. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 168 to 148 since 2022.

Plan summary
Net assets, end of year$21,948,313
Participants with balances294
Active participants148
Employer contributions$512,321
Employee contributions$1,184,604
Employer contribution per active participant$3,462
Average account balance$74,654
Benefits paid to participants$1,024,735
Plan auditUnmodified (clean) audit opinion
AuditorBARTLETT, PRINGLE & WOLF, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 294 accts · $512K emplr
2023$18.8M · 296 accts · $493K emplr
2022$15.6M · 318 accts · $468K emplr
Employer contributions to the Visiting Nurse and Hospice Care of Santa Barbara plan · 2024
Employer contribution per active participant$3,462
Median for plans this size$2,416
2024$3,462 per active participant
2023$3,306 per active participant
2022$2,788 per active participant

Visiting Nurse and Hospice Care of Santa Barbara's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,152

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,845 · 0.01%
2023$775 · 0.00%
2022$849 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · California
Pathology Associates CA$22.1M · 0.26%
Mental Health Systems, Inc. CA$22.1M · 0.44%
San Diego Family Care CA$22.0M · 0.26%
Enki Health Services Inc CA$21.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951641969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.