Plan Ledger DOL Form 5500 · updated monthly

Air Force Villages, Inc.403(b)

AIR FORCE VILLAGES, INC. 403(B) RETIREMENT PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.95%

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

Air Force Villages, Inc. reported $43,056 in plan administrative expenses for 2023: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $288 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 0.78% to 1.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,146th of 5,688), and 8,076th of 11,911 in health care & social assistance. In 2023, employees put in $4.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,702,076
Participants with balances515
Active participants440
Employer contributions$126,867
Employee contributions$628,886
Employer contribution per active participant$288
Average account balance$9,130
Benefits paid to participants$964,981
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 506 accts · $106K emplr
2023$4.7M · 515 accts · $127K emplr
2022$4.4M · 501 accts · $91K emplr
Administrative expenses, itemized · 2023
Investment management$43,056
Total administrative$43,056
The Air Force Villages, Inc. 401(k) match · 2023
Employer contribution per active participant$288
Median for plans this size$1,308
2024$257 per active participant
2023$288 per active participant
2022$208 per active participant

Air Force Villages, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20233
ALLIANCE BENEFIT GROUP OF HOUSTON · Contract administrator$2,121
EMPOWER ADVISORY GROUP, LLC · Investment management$1,787

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$49,805 · 1.07%
2023$43,056 · 0.95%
2022$32,085 · 0.78%
Same employer
Similar plansHealth Care & Social Assistance · Texas
C.C. Young Memorial Home TX$4.9M · 0.02%
Ctw Home Health, LLC TX$4.7M · 0.43%
Rise Corporate LLC TX$4.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562493445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.