Plan Ledger DOL Form 5500 · updated monthly

Christian Opportunity Center401(k)

CHRISTIAN OPPORTUNITY CENTER PROFIT SHARING PLAN · PELLA, IA · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Christian Opportunity Center reported $43,660 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,220 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 0.86% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (713th of 878), and 8,105th of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has shrunk from 159 to 141 since 2022.

Plan summary
Net assets, end of year$4,671,619
Participants with balances157
Active participants141
Employer contributions$172,046
Employee contributions$201,692
Employer contribution per active participant$1,220
Average account balance$29,756
Benefits paid to participants$461,298
Plan auditUnmodified (clean) audit opinion
AuditorFORGE FINANCIAL & MGMT CONSULTING
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 157 accts · $172K emplr
2023$4.4M · 180 accts · $152K emplr
2022$4.3M · 198 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,660
Total administrative$43,660
The Christian Opportunity Center 401(k) match · 2024
Employer contribution per active participant$1,220
Median for plans this size$1,313
2024$1,220 per active participant
2023$1,043 per active participant
2022$1,142 per active participant

Christian Opportunity Center's 2024 employer contribution ran below the $1,313 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 · 20242
FUTUREPLAN BY ASCENSUS · Recordkeeping$4,210
LINCOLN NATIONAL CORP · Contract administrator$39,450

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,660 · 0.97%
2023$43,410 · 1.00%
2022$35,503 · 0.86%
Similar plansHealth Care & Social Assistance · Iowa
Good Neighbor Society IA$4.9M · 0.96%
New Choices, Inc. IA$4.7M · 0.03%
Discovery Living, Inc. IA$4.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420946676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.