Plan Ledger DOL Form 5500 · updated monthly

Bethany for Children and Families401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF BETHANY FOR CHILDREN AND FAMILIES · MOLINE, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Bethany for Children and Families reported $1,806 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,427 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 0.01% 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 Illinois (2,419th of 3,702), and 1,691st of 3,341 in other services. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has grown from 85 to 127 since 2022.

Plan summary
Net assets, end of year$9,652,520
Participants with balances160
Active participants127
Employer contributions$435,184
Employee contributions$267,851
Employer contribution per active participant$3,427
Average account balance$60,328
Benefits paid to participants$665,327
Plan auditUnmodified (clean) audit opinion
AuditorBT&CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 160 accts · $435K emplr
2023$7.6M · 133 accts · $295K emplr
2022$6.1M · 123 accts · $236K emplr
The Bethany for Children and Families 401(k) match · 2024
Employer contribution per active participant$3,427
Median for plans this size$1,313
2024$3,427 per active participant
2023$3,204 per active participant
2022$2,773 per active participant

Bethany for Children and Families's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,654

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$1,806 · 0.02%
2023$394 · 0.01%
2022$373 · 0.01%
Same employer
Similar plansOther Services · Illinois
Milestone, Inc. IL$10.2M · 0.33%
Safer Foundation IL$9.3M · 0.67%
New Star, Inc. IL$9.1M · 0.67%
Iti Intermodal, Inc. IL$8.7M · 0.63%
Bolin Enterprises, Inc. IL$8.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362166973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.