Plan Ledger DOL Form 5500 · updated monthly

Agape Child & Family Services, Inc.403(b)

AGAPE CHILD & FAMILY SERVICES, INC. TAX SHELTERED ANNUITY PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Agape Child & Family Services, Inc. reported $19,073 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,504 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 fell from 1.19% to 1.13%. 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 Tennessee (1,330th of 1,496), and 10,162nd of 11,911 in health care & social assistance. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has shrunk from 122 to 104 since 2022.

Plan summary
Net assets, end of year$1,870,418
Participants with balances116
Active participants104
Employer contributions$156,438
Employee contributions$160,337
Employer contribution per active participant$1,504
Average account balance$16,124
Benefits paid to participants$166,898
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 116 accts · $156K emplr
2023$1.5M · 118 accts · $145K emplr
2022$1.3M · 136 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,806
Investment management$10,267
Total administrative$19,073
Employer contributions to the Agape Child & Family Services, Inc. plan · 2024
Employer contribution per active participant$1,504
Median for plans this size$1,313
2024$1,504 per active participant
2023$1,346 per active participant
2022$1,159 per active participant

Agape Child & Family Services, Inc.'s 2024 employer contribution ran above 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 · 20243
DUNCAN WILLIAMS ASSET MANAGEMENT · Investment advisory (plan)$9,985
EMPOWER ADVISORY GROUP, LLC · Investment management$282

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$19,073 · 1.13%
2023$11,484 · 0.82%
2022$16,354 · 1.19%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Progress, Inc. TN$2.1M · 0.04%
Dx Mso PLLC TN$2.0M · 2.10%
Stones River Manor, Inc. TN$1.9M · 0.65%
American Book Co. TN$1.9M · 0.95%
Mur-Ci Homes, Inc. TN$1.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237039683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.