Plan Ledger DOL Form 5500 · updated monthly

Blue Water Community Action403(b)

COMMUNITY ACTION AGENCY OF SCC ERISA 403(B) PLAN · PORT HURON, MI · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Blue Water Community Action reported $2,632 in plan administrative expenses for 2022: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $410 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,426th of 2,619), and 10,428th of 11,911 in health care & social assistance. In 2022, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,542,774
Participants with balances97
Active participants117
Employer contributions$47,919
Employee contributions$66,798
Employer contribution per active participant$410
Average account balance$15,905
Benefits paid to participants$263,304
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,632
Total administrative$2,632
Employer contributions to the Blue Water Community Action plan · 2022
Employer contribution per active participant$410
Median for plans this size$1,114

Blue Water Community Action's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,632 · 0.15%
Similar plansHealth Care & Social Assistance · Michigan
The Healing Haven, LLC MI$1.8M · 1.28%
Family Outreach Center MI$1.7M · 0.22%
Orchards Mi, LLC MI$1.3M · 9.11%
Divined Company Inc MI$1.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382284121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.