Plan Ledger DOL Form 5500 · updated monthly

Asca Foundation401(k)

ASCA MEMBERS ASSOCIATION RETIREMENT PLAN · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
0.77%

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

Asca Foundation reported $94,344 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,846 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 has held roughly steady near 0.769%. 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 among the smaller plans on file in Virginia (1,251st of 2,266), and the 4,771st of 11,911 in health care & social assistance. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,633,248
Participants with balances174
Active participants262
Employer contributions$483,633
Employee contributions$887,052
Employer contribution per active participant$1,846
Average account balance$78,352
Benefits paid to participants$224,592
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.6M · 174 accts · $484K emplr
2023$10.9M · 163 accts · $653K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,344
Total administrative$94,344
The Asca Foundation 401(k) match · 2024
Employer contribution per active participant$1,846
Median for plans this size$2,416
2024$1,846 per active participant
2023$2,689 per active participant

Asca Foundation'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
AMERICAN PENSION SERVICES, LLC · Contract administrator$26,144

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

Administrative cost history2
2024$94,344 · 0.77%
2023$72,645 · 0.77%
Similar plansHealth Care & Social Assistance · Virginia
Neighborhood Health VA$14.3M · 0.52%
Retirement Unlimited, Inc. VA$13.3M · 1.22%
Johnson Health Center VA$13.3M · 0.07%
Islamic Relief USA VA$12.7M · 0.01%
Home Care Delivered, Inc. VA$12.6M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860307698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.