Plan Snapshot
- Plan Sponsor: Mental Health America Of Los Angeles
- Sponsor EIN: 951881491
- Sponsor Address: 3633 EAST BROADWAY, LONG BEACH, CA, 90803
- Plan Type: 403(b)
- Total Participants: 510
- Total Assets: $13.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 510 | $13.4M | $1.5M | $778,172 |
| 2023 | 473 | $11.3M | $1.3M | $772,131 |
| 2022 | 316 | $8.9M | $1.3M | $750,163 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ASCENSUS HOLDINGS INC | Other Service Provider | $14,250 | $9,440 | $23,690 |
| ACCELERATE INVESTMENT ADVISORS LLC | Investment Advisor | $19,541 | — | $19,541 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $18,387 | — | $18,387 |
| ACTUARIAL BENEFITS CORP | Other Service Provider | $7,819 | — | $7,819 |
| EMPOWER ADVISOR GROUP, LLC | Investment Advisor | $7,719 | — | $7,719 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,156
- Estimated Expense Ratio: 0.574% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $30,355 | — | $30,355 | — | — |
| 2023 | $28,973 | — | $28,973 | — | — |
| 2022 | $29,607 | — | — | — | $29,607 |