Plan Ledger DOL Form 5500 · updated monthly

Area Agency on Aging of Western Arkansas403(b)

403(B) THRIFT PLAN FOR EMPLOYEES OF AREA AGENCY ON AGING OF WESTERN ARKANSAS · FORT SMITH, AR · plan year 2023

Reported admin expense ratio · 2023
0.06%

Area Agency on Aging of Western Arkansas reported $741 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 0.10% to 0.06%. 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 Arkansas (409th of 456), and 10,617th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,319,489
Participants with balances175
Active participants80
Employer contributions—
Employee contributions$77,218
Employer contribution per active participant—
Average account balance$7,540
Benefits paid to participants$153,091
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK PLC, CERTIFIED PUBLIC ACCO
Plan history2
Yearassets · accounts · employer contribution
2023$1.3M · 175 accts
2022$1.3M · 203 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$741
Total administrative$741
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 · 20231
MUTUAL OF AMERICA LIFE INSURANCE CO · Claims processing · Recordkeepingindirect comp

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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Administrative cost history2
2023$741 · 0.06%
2022$1,335 · 0.10%
All plans at this employer2
AREA AGENCY ON AGING OF WESTERN ARKANSAS, INC 403(B) PLAN403(b)
403(B) THRIFT PLAN FOR EMPLOYEES OF AREA AGENCY ON AGING OF WESTERN ARKANSAS403(b)
Similar plansHealth Care & Social Assistance · Arkansas
Delta Memorial Hospital AR$1.4M · 1.00%
Focus Inc. AR$1.2M · 0.21%
Craighead Nursing Center AR$1.0M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710523556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.