Plan Ledger DOL Form 5500 · updated monthly

Appalachian Agency for Senior Citizens403(b)

APPALACHIAN AGENCY FOR SENIOR CITIZENS, INC. 403(B) PLAN · CEDAR BLUFF, VA · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Appalachian Agency for Senior Citizens reported $27,238 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,493 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 0.32% to 0.57%. 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 Virginia (1,799th of 2,266), and 7,727th of 11,911 in health care & social assistance. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,340,106
Participants with balances159
Active participants215
Employer contributions$321,094
Employee contributions$322,079
Employer contribution per active participant$1,493
Average account balance$33,586
Benefits paid to participants$78,243
Plan auditUnmodified (clean) audit opinion
AuditorLALLY & CO., LLC.
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 159 accts · $321K emplr
2023$4.3M · 132 accts · $270K emplr
2022$3.5M · 111 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,238
Total administrative$27,238
Employer contributions to the Appalachian Agency for Senior Citizens plan · 2024
Employer contribution per active participant$1,493
Median for plans this size$1,313
2024$1,493 per active participant
2023$1,057 per active participant
2022$947 per active participant

Appalachian Agency for Senior Citizens'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 · 20242
BWS ADVISORS LLC · Investment advisory (plan)indirect comp
METRO BENEFITS, INC. · Contract administratorindirect comp

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$27,238 · 0.57%
2023$22,131 · 0.57%
2022$11,680 · 0.32%
Similar plansHealth Care & Social Assistance · Virginia
Elk Hill Farm, Inc VA$5.7M · 0.64%
Cornerstones, Inc. VA$5.4M · 0.38%
Warm Hearth, Inc. VA$4.6M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 540990533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.