Plan Ledger DOL Form 5500 · updated monthly

Ability Connection Colorado403(b)

ABILITY CONNECTION COLORADO 403B PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Ability Connection Colorado reported $14,123 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $345 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 0.47% to 0.50%. 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 Colorado (1,199th of 1,461), and 9,354th of 11,911 in health care & social assistance. In 2024, employees put in $3.25 for every $1.00 the employer contributed; active participation has grown from 131 to 166 since 2022.

Plan summary
Net assets, end of year$2,873,951
Participants with balances189
Active participants166
Employer contributions$57,188
Employee contributions$185,812
Employer contribution per active participant$345
Average account balance$15,206
Benefits paid to participants$397,202
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 189 accts · $57K emplr
2023$2.8M · 161 accts · $43K emplr
2022$2.5M · 132 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$584
Investment management$13,539
Total administrative$14,123
Employer contributions to the Ability Connection Colorado plan · 2024
Employer contribution per active participant$345
Median for plans this size$1,313
2024$345 per active participant
2023$275 per active participant

Ability Connection Colorado'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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$1,035
KESTRA ADVISORY SERVICES · Investment advisory (participants) · Investment advisory (plan)$9,998

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$14,123 · 0.50%
2023$13,146 · 0.49%
2022$13,268 · 0.47%
Similar plansHealth Care & Social Assistance · Colorado
Denver Children's Home CO$2.8M · 0.14%
All for Kids Home Health CO$2.6M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840420225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.