Plan Ledger DOL Form 5500 · updated monthly

Abraxas Alliance, Inc.403(b)

ABRAXAS 403(B) RETIREMENT PLAN · PITTSBURGH, PA · plan year 2023

Reported admin expense ratio · 2023
0.26%

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

Abraxas Alliance, Inc. reported $33,398 in plan administrative expenses for 2023: 0.26% of average plan assets, below the peer median. Employer contributions averaged $294 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 0.31% to 0.98%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (1,935th of 3,651), and the 4,687th of 11,911 in health care & social assistance. In 2023, employees put in $5.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,022,867
Participants with balances402
Active participants956
Employer contributions$281,373
Employee contributions$1,539,243
Employer contribution per active participant$294
Average account balance$34,883
Benefits paid to participants$1,800,120
Plan auditUnmodified (clean) audit opinion
AuditorSMITH+HOWARD
Plan history3
Yearassets · accounts · employer contribution
2024$473K · 27 accts
2023$14.0M · 402 accts · $281K emplr
2022$11.7M · 360 accts · $474K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$33,398
Total administrative$33,398
Employer contributions to the Abraxas Alliance, Inc. plan · 2023
Employer contribution per active participant$294
Median for plans this size$2,440
2023$294 per active participant
2022$494 per active participant

Abraxas Alliance, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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

Administrative cost history3
2024$70,889 · 0.98%
2023$33,398 · 0.26%
2022$37,454 · 0.31%
Similar plansHealth Care & Social Assistance · Pennsylvania
Access Services, Inc. PA$14.1M · 0.05%
Waverly Senior Services PA$13.9M · 0.02%
Resourceful, Inc. PA$13.8M · 0.09%
Family Services of Nw PA PA$13.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760545741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.