Plan Ledger DOL Form 5500 · updated monthly

Air Force Retired Officers Community - Washington, D.C.403(b)

FALCONS LANDING 403(B) PLAN · STERLING, VA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Air Force Retired Officers Community - Washington, D.C. reported $31,588 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,229 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 0.26% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,162nd of 2,266), and the 1,264th of 3,341 in other services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 317 to 353 since 2022.

Plan summary
Net assets, end of year$15,476,316
Participants with balances343
Active participants353
Employer contributions$433,750
Employee contributions$988,740
Employer contribution per active participant$1,229
Average account balance$45,120
Benefits paid to participants$2,342,072
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 343 accts · $434K emplr
2023$14.5M · 341 accts · $395K emplr
2022$12.3M · 367 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,391
Investment management$21,197
Total administrative$31,588
Employer contributions to the Air Force Retired Officers Community - Washington, D.C. plan · 2024
Employer contribution per active participant$1,229
Median for plans this size$2,416
2024$1,229 per active participant
2023$1,134 per active participant
2022$1,211 per active participant

Air Force Retired Officers Community - Washington, D.C.'s 2024 employer contribution ran below the $2,416 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
PENSERV PLAN SERVICES, INC. · Recordkeeping$10,391
UBS FINANCIAL SERVICES, INC. · Investment advisory (participants) · Investment advisory (plan)$21,197

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

Recordkeeper by year2
2024PENSERV PLAN SERVICES, INC.
2023PENSERV PLAN SERVICES, INC.

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

Administrative cost history3
2024$31,588 · 0.21%
2023$35,906 · 0.27%
2022$33,946 · 0.26%
Similar plansOther Services · Virginia
Moore & Giles VA$18.2M · 0.47%
Global Impact VA$15.8M · 0.35%
Patient Advocate Foundation VA$14.9M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521404857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.