Page 172 - DCAC May 2023 Files

***There is an additional fee to participants who use the voluntary debit card. The cost to the participant $20.00 per year for a VISA card, however what was actually charged for this on an aggregate
**General Accounts typically do not have an explicit, consistent expense ratio, as the fund manager instead derives revenue from the variable spread between the contractual rate of return and the
Fee (in %)
288.32%
0.62%
0.62%
0.00%
0.62%
0.00%
0.16%
0.79%
0.00%
0.01%
0.78%
0.16%
a universe of 57 recordkeepers with similarly sized
Total
(15)
7,214
14
7,286
1
72
0
5,759
5,759
1,469
5,745
1,468

Fee (in $)
$
$
$
$
$
$
$
$
$
$
$
$
Fee (in %)
0.00%
0.00%
0.62%
0.00%
0.00%
0.16%
0.62%
0.16%
0.78%
0.79%
0.62%
0.01%
Participant Paid
(15)
1
7,214
5,759
1,468
7,286
5,745
0
5,759
72
1,469
14

Fee (in $)

$
$
$
$
$
$
$
$
$
$
$
$
1.66%
Similarly Sized
N/A
Benchmark *
Fee (in %)
0.00%
0.00%
0.00%
0.00%
0.00%
Employer Paid
County of San Mateo HRA Plan Annual Fee Review
0.79%
0.78%
927,722
-
-
-
-
-
Fee (in $)
Plan
$
$
$
$
$
$
9
Provider Fund Managers Aviben Aviben Aviben Matrix Innovest *The plan's estimated investment, recordkeeping and administrative costs of 0.78% as shown above, compare favorably to 401(k) Source data, 401(k) plans, with an average investment, recordkeeping and administrative cost of 1.66%. Published since 1995, the 401k Averages Book is one of the oldest and recognized resources for actual underlying
Plan assets as of 12/31/2022 Investment, Recordkeeping and Administrative Costs Estimated Total Plan Expenses Expense ratio retained by fund manager** Revenue sharing sent to recordkeeper (12b-1 Fees) Revenue sharing sent to recordkeeper (SubTA Fees) Gross Investment Management Fees Administration Fee (0.19%/qtr on mutual fund assets only) Trust & custody (10% of 12b-1 Fees) Gross Recordkeeping and Administrative F