Plan Ledger DOL Form 5500 · updated monthly

Arrowhead Economic Opportunity Agency, IncorporatedDC plan

403(B) THRIFT PLAN OF ARROWHEAD ECONOMIC OPPORTUNITY AGENCY, INCORPORATED · VIRGINIA, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Arrowhead Economic Opportunity Agency, Incorporated reported $5,477 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,512 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 925th-largest of 1,918 plans among Minnesota employers on file, and the 3,837th of 11,911 in health care & social assistance. In 2024, employees put in $1.12 for every $1.00 the employer contributed; active participation has grown from 340 to 480 since 2022.

Plan summary
Net assets, end of year$18,918,086
Participants with balances538
Active participants480
Employer contributions$725,801
Employee contributions$816,231
Employer contribution per active participant$1,512
Average account balance$35,164
Benefits paid to participants$1,873,581
Plan auditUnmodified (clean) audit opinion
AuditorWALKER, GIROUX & HAHNE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 538 accts · $726K emplr
2023$17.2M · 540 accts · $626K emplr
2022$15.9M · 518 accts · $585K emplr
Employer contributions to the Arrowhead Economic Opportunity Agency, Incorporated plan · 2024
Employer contribution per active participant$1,512
Median for plans this size$2,416
2024$1,512 per active participant
2023$1,493 per active participant
2022$1,721 per active participant

Arrowhead Economic Opportunity Agency, Incorporated's 2024 employer contribution ran below the $2,416 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$7,794

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$5,477 · 0.03%
2023$3,267 · 0.02%
2022$3,461 · 0.02%
Similar plansHealth Care & Social Assistance · Minnesota
Walker Methodist MN$19.4M · 0.55%
Vivie MN$19.1M · 0.75%
Mobe LLC MN$18.3M · 0.42%
Cerenity Senior Care MN$18.3M · 0.05%
Radias Health MN$18.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 416052144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.