Plan Ledger DOL Form 5500 · updated monthly

Arkansas Support Network, Inc.403(b)

ARKANSAS SUPPORT NETWORK, INC. 403(B) · SPRINGDALE, AR · plan year 2023

Reported admin expense ratio · 2023
0.64%

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

Arkansas Support Network, Inc. reported $22,141 in plan administrative expenses for 2023: 0.64% of average plan assets, above the peer median. Employer contributions averaged $264 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 1 year on file its reported administrative ratio fell from 1.13% to 0.64%. 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 (343rd of 456), and 8,650th of 11,911 in health care & social assistance. In 2023, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,851,027
Participants with balances229
Active participants1,185
Employer contributions$313,400
Employee contributions$388,009
Employer contribution per active participant$264
Average account balance$16,817
Benefits paid to participants$304,138
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK PLC, CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$3.9M · 229 accts · $313K emplr
2022$3.0M · 141 accts · $294K emplr
Employer contributions to the Arkansas Support Network, Inc. plan · 2023
Employer contribution per active participant$264
Median for plans this size$1,308
2023$264 per active participant
2022$308 per active participant

Arkansas Support Network, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NATIONWIDE · Recordkeeping · Custodial$14,432
LPL FINANCIAL · Trustee$5,640

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

Administrative cost history2
2023$22,141 · 0.64%
2022$30,564 · 1.13%
Similar plansHealth Care & Social Assistance · Arkansas
Healthy Connections, Inc. AR$4.1M · 0.16%
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 710665473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.