Plan Ledger DOL Form 5500 · updated monthly

Arca401(k)

ARCA 401(K) PLAN · ALBUQUERQUE, NM · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Arca reported $105,882 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,159 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 0.71% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 102nd-largest of 290 plans among New Mexico employers on file, and the 4,217th of 11,911 in health care & social assistance. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,462,198
Participants with balances710
Active participants498
Employer contributions$577,363
Employee contributions$937,597
Employer contribution per active participant$1,159
Average account balance$23,186
Benefits paid to participants$1,978,057
Plan auditUnmodified (clean) audit opinion
AuditorLOFTIS & LOVATO GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 710 accts · $577K emplr
2023$15.2M · 720 accts · $513K emplr
2022$13.0M · 663 accts · $566K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$105,882
Total administrative$105,882
The Arca 401(k) match · 2024
Employer contribution per active participant$1,159
Median for plans this size$2,416
2024$1,159 per active participant
2023$956 per active participant
2022$1,156 per active participant

Arca'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 · 20241
BOKF, NA · Investment advisory (plan) · Trustee$105,882

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$105,882 · 0.67%
2023$100,669 · 0.71%
2022$100,793 · 0.71%
Same employer
Similar plansHealth Care & Social Assistance · New Mexico
El Centro Family Health NM$17.0M · 0.12%
Youth Development, Inc. NM$16.4M · 0.31%
La Familia Medical Center NM$12.5M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 856005755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.