Plan Ledger DOL Form 5500 · updated monthly

Area Resource for Individual Services, Inc.403(b)

AREA RESOURCE FOR INDIVIDUAL SERVICES, INC. AND MEMBERS RETIREMENT PLAN · WHITE RIVER JUNCTION, VT · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Area Resource for Individual Services, Inc. reported $22,706 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,171 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 0.18% to 0.25%. 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 Vermont (149th of 230), and the 5,856th of 11,911 in health care & social assistance. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 101 to 320 since 2022.

Plan summary
Net assets, end of year$9,540,460
Participants with balances203
Active participants320
Employer contributions$374,794
Employee contributions$622,819
Employer contribution per active participant$1,171
Average account balance$46,997
Benefits paid to participants$1,060,145
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 203 accts · $375K emplr
2023$8.8M · 181 accts · $302K emplr
2022$7.8M · 183 accts · $261K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,706
Total administrative$22,706
The Area Resource for Individual Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,171
Median for plans this size$1,313
2024$1,171 per active participant
2023$2,724 per active participant
2022$2,584 per active participant

Area Resource for Individual Services, Inc.'s 2024 employer contribution ran below 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.

Administrative cost history3
2024$22,706 · 0.25%
2023$16,699 · 0.20%
2022$14,269 · 0.18%
Similar plansHealth Care & Social Assistance · Vermont
Clara Martin Center VT$7.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043342213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.