Plan Ledger DOL Form 5500 · updated monthly

Adelante Development Center, Inc.403(b)

ADELANTE DEVELOPMENT CENTER, INC. 403(B) PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
1.06%

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

Adelante Development Center, Inc. reported $89,975 in plan administrative expenses for 2024: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $684 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 1.00% to 1.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Mexico (146th of 290), and 1,733rd of 3,341 in other services. In 2024, employees put in $1.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,162,478
Participants with balances344
Active participants497
Employer contributions$339,811
Employee contributions$663,758
Employer contribution per active participant$684
Average account balance$26,635
Benefits paid to participants$632,662
Plan auditUnmodified (clean) audit opinion
AuditorPULAKOS CPA
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 344 accts · $340K emplr
2023$7.8M · 361 accts · $240K emplr
2022$7.9M · 343 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,030
Investment management$31,945
Total administrative$89,975
Employer contributions to the Adelante Development Center, Inc. plan · 2024
Employer contribution per active participant$684
Median for plans this size$1,313
2024$684 per active participant
2023$478 per active participant
2022$264 per active participant

Adelante Development Center, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$58,030
OSAIC WEALTH, INC. · Investment advisory (plan)$31,945

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$89,975 · 1.06%
2023$88,001 · 1.12%
2022$84,802 · 1.00%
Same employer
Similar plansOther Services · New Mexico
Homewise, Inc NM$10.0M · 0.53%
Lubricar, Inc. NM$6.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850262072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.