Plan Ledger DOL Form 5500 · updated monthly

Arrow Child & Family Ministries403(b)

SECTION 403(B) RETIREMENT PLAN FOR ARROW CHILD & FAMILY MINISTRIES · SPRING, TX · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Arrow Child & Family Ministries reported $92,378 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $470 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 1.03% to 1.41%. 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 Texas (3,542nd of 5,688), and 6,727th of 11,911 in health care & social assistance. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 665 to 787 since 2022.

Plan summary
Net assets, end of year$7,315,328
Participants with balances997
Active participants787
Employer contributions$370,165
Employee contributions$941,733
Employer contribution per active participant$470
Average account balance$7,337
Benefits paid to participants$692,946
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 997 accts · $370K emplr
2023$5.8M · 651 accts · $212K emplr
2022$4.5M · 592 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,706
Total administrative$92,378
Employer contributions to the Arrow Child & Family Ministries plan · 2024
Employer contribution per active participant$470
Median for plans this size$1,313
2024$470 per active participant
2023$417 per active participant
2022$189 per active participant

Arrow Child & Family Ministries'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 · 20244
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$31,695
NOVA 401(K) ASSOCIATES · Contract administrator$7,838
EMPOWER ADVISORY GROUP, LLC · Investment management$6,561

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$92,378 · 1.41%
2023$57,176 · 1.11%
2022$47,546 · 1.03%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Lena Pope Home, Inc. TX$7.5M · 0.14%
Ophthalmic Partners, PA TX$7.4M · 0.44%
Sagis, PLLC TX$7.2M · 0.52%
North Texas Food Bank TX$7.2M · 0.56%
Genesis Medical Group TX$7.2M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010628536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.