Plan Ledger DOL Form 5500 · updated monthly

Christian Retirement Services Inc403(b)

CHRISTIAN RETIREMENT SERVICES INC TAX DEFERRED SAVINGS & RETIREMENT PLAN · IOWA CITY, IA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Christian Retirement Services Inc reported $39,273 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,159 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 3 years on file its reported administrative ratio has held roughly steady near 0.331%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (543rd of 878), and the 5,131st of 11,911 in health care & social assistance. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 307 to 351 since 2022.

Plan summary
Net assets, end of year$12,092,203
Participants with balances221
Active participants351
Employer contributions$406,918
Employee contributions$496,007
Employer contribution per active participant$1,159
Average account balance$54,716
Benefits paid to participants$1,823,938
Plan auditUnmodified (clean) audit opinion
AuditorRYUN, GIVENS & COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 221 accts · $407K emplr
2023$11.6M · 220 accts · $422K emplr
2022$9.5M · 210 accts · $404K emplr
Administrative expenses, itemized · 2024
Investment management$39,273
Total administrative$39,273
Employer contributions to the Christian Retirement Services Inc plan · 2024
Employer contribution per active participant$1,159
Median for plans this size$2,416
2024$1,159 per active participant
2023$1,315 per active participant
2022$1,318 per active participant

Christian Retirement Services Inc's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
EMPOWER ADVISORY GROUP, L.L.C · Investment management$9,084
LEAFHOUSE FINANCIAL ADVISORS, LLC$2,225
LPL FINANCIAL LLCindirect comp

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

Administrative cost history3
2024$39,273 · 0.33%
2023$33,192 · 0.31%
2022$28,908 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Medic Ems IA$14.0M · 0.42%
Mainstream Living, Inc IA$13.3M · 0.04%
Kimball & Beecher Group LLC IA$11.9M · 0.23%
Balance Autism IA$11.5M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420919489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.