Plan Ledger DOL Form 5500 · updated monthly

Arms of Hope401(k)

ARMS OF HOPE 401(K) PLAN · MEDINA, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Arms of Hope reported $1,425 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,144 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 0.06% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Texas (3,583rd of 5,688), and 1,995th of 3,341 in other services. In 2024, employees put in $1.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,107,997
Participants with balances118
Active participants92
Employer contributions$197,233
Employee contributions$308,281
Employer contribution per active participant$2,144
Average account balance$60,237
Benefits paid to participants$282,242
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 118 accts · $197K emplr
2023$6.1M · 107 accts · $222K emplr
2022$4.8M · 101 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,425
Total administrative$1,425
The Arms of Hope 401(k) match · 2024
Employer contribution per active participant$2,144
Median for plans this size$1,313
2024$2,144 per active participant
2023$2,153 per active participant
2022$2,019 per active participant

Arms of Hope's 2024 employer contribution ran above 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.

Service providers · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$1,425

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$1,425 · 0.02%
2023$962 · 0.02%
2022$2,912 · 0.06%
Similar plansOther Services · Texas
Hope Media Group TX$7.7M · 1.06%
The Intellekt Group TX$7.4M · 0.66%
Contract Datascan LP TX$7.1M · 0.68%
Vizza Wash, L.P. TX$7.0M · 0.58%
Radio Holland USA, Inc. TX$6.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510416193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.