Plan Ledger DOL Form 5500 · updated monthly

Community Action Committee, In401(k)

CHAMBERS TALLAPOOSA COOSA COMMUNITY ACTION COMMITTEE INC 401(K) PENSION PLAN · DADEVILLE, AL · plan year 2023

Reported admin expense ratio · 2023
1.02%

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

Community Action Committee, In reported $22,406 in plan administrative expenses for 2023: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,176 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 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (787th of 902), and 9,862nd of 11,911 in health care & social assistance. In 2023, the employer put in $2.30 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,211,266
Participants with balances99
Active participants93
Employer contributions$202,342
Employee contributions$87,906
Employer contribution per active participant$2,176
Average account balance$22,336
Benefits paid to participants$357,899
Plan auditUnmodified (clean) audit opinion
AuditorVANCE CPA LLC
Plan history2
Yearassets · accounts · employer contribution
2023$2.2M · 99 accts · $202K emplr
2022$2.2M · 100 accts · $201K emplr
The Community Action Committee, In 401(k) match · 2023
Employer contribution per active participant$2,176
Median for plans this size$1,308
2023$2,176 per active participant
2022$2,207 per active participant

Community Action Committee, In's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$16,484

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

Administrative cost history2
2023$22,406 · 1.02%
2022$22,895 · 1.06%
Similar plansHealth Care & Social Assistance · Alabama
Extendicare, Inc. AL$2.1M · 0.10%
McBh, LLC AL$2.0M · 1.09%
St. Martin's-In-The-Pines AL$1.8M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630740961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.