Plan Ledger DOL Form 5500 · updated monthly

Close Up Foundation403(b)

CLOSE UP FOUNDATION 403(B) RETIREMENT PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.35%

Close Up Foundation reported $31,444 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. 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 fell from 0.45% to 0.35%. 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 (1,521st of 2,266), and 1,737th of 3,341 in other services. active participation has grown from 160 to 212 since 2022.

Plan summary
Net assets, end of year$9,121,414
Participants with balances124
Active participants212
Employer contributions—
Employee contributions$387,171
Employer contribution per active participant—
Average account balance$73,560
Benefits paid to participants$1,193,137
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN, ROSENBERG & FREEDMAN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 124 accts
2023$8.8M · 114 accts · $90K emplr
2022$8.3M · 122 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,364
Investment management$80
Total administrative$31,444
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
CBIZ BENEFITS & INS SERVICES INC · Contract administrator$1,800
CBIZ INVESTMENT ADVISORY SERVICES L · Investment advisory (plan)indirect 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$31,444 · 0.35%
2023$41,331 · 0.48%
2022$41,541 · 0.45%
Same employer
Similar plansOther Services · Virginia
Caldwell & Gregory LLC VA$10.4M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237122882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.