Plan Ledger DOL Form 5500 · updated monthly

Charities Aid Foundation America401(k)

CHARITIES AID FOUNDATION AMERICA 401(K) PROFIT SHARING PLAN · ALEXANDRIA, VA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Charities Aid Foundation America reported $35,691 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $6,583 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 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,686th of 2,266), and 2,056th of 3,341 in other services. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,693,206
Participants with balances152
Active participants123
Employer contributions$809,660
Employee contributions$813,029
Employer contribution per active participant$6,583
Average account balance$44,034
Benefits paid to participants$1,169,494
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,749
Investment management$16,942
Total administrative$35,691
The Charities Aid Foundation America 401(k) match · 2024
Employer contribution per active participant$6,583
Median for plans this size$1,313

Charities Aid Foundation America'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$18,749
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$16,942

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

Administrative cost history1
2024$35,691 · 0.59%
Same employer
Similar plansOther Services · Virginia
Bay Aging VA$7.1M · 0.36%
The Mariners' Museum VA$6.8M · 0.95%
Richfield Living VA$6.0M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431634280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.