Plan Ledger DOL Form 5500 · updated monthly

Area Agency on Aging of Southeast Arkansas403(b)

AREA AGENCY ON AGING OF SOUTHEAST ARKANSAS RETIREMENT PLAN · PINE BLUFF, AR · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Area Agency on Aging of Southeast Arkansas reported $5,533 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $462 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 0.22% to 0.16%. 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 Arkansas (355th of 456), and 8,864th of 11,911 in health care & social assistance. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,563,907
Participants with balances252
Active participants321
Employer contributions$148,148
Employee contributions$200,351
Employer contribution per active participant$462
Average account balance$14,142
Benefits paid to participants$267,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 252 accts · $148K emplr
2023$3.3M · 242 accts · $149K emplr
2022$3.1M · 253 accts · $153K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,533
Total administrative$5,533
Employer contributions to the Area Agency on Aging of Southeast Arkansas plan · 2024
Employer contribution per active participant$462
Median for plans this size$1,313
2024$462 per active participant
2023$430 per active participant
2022$449 per active participant

Area Agency on Aging of Southeast Arkansas's 2024 employer contribution ran below the $1,313 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
METLIFE LIFE INSURANCE COMPANY$5,533

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$5,533 · 0.16%
2023$5,211 · 0.17%
2022$7,309 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Care IV, Inc. dba Care IV AR$3.5M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710521880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.