Plan Ledger DOL Form 5500 · updated monthly

Community Action Council401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF COMMUNITY ACTION COUNCIL FOR LEXINGTON-FAYETTE, BOURBON, HARRISON & NICHOLAS COUNTIES · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Community Action Council reported $6,040 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,895 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 0.029%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 268th-largest of 871 plans among Kentucky employers on file, and the 972nd of 3,341 in other services. In 2024, the employer put in $2.51 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$22,287,836
Participants with balances650
Active participants476
Employer contributions$1,854,175
Employee contributions$739,886
Employer contribution per active participant$3,895
Average account balance$34,289
Benefits paid to participants$2,104,819
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI ADVISORY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 650 accts · $1.9M emplr
2023$20.0M · 633 accts · $2.0M emplr
2022$16.3M · 651 accts · $1.1M emplr
The Community Action Council 401(k) match · 2024
Employer contribution per active participant$3,895
Median for plans this size$2,416
2024$3,895 per active participant
2023$4,348 per active participant
2022$2,397 per active participant

Community Action Council's 2024 employer contribution ran above the $2,416 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$8,352

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$6,040 · 0.03%
2023$6,458 · 0.04%
2022$4,564 · 0.03%
Same employer
Similar plansOther Services · Kentucky
Disabled American Veterans KY$77.0M · 0.22%
Atlas Machine & Supply Inc. KY$29.4M · 0.40%
Shelbyville Laundry Inc. KY$19.8M · 0.64%
Sayre School KY$19.1M · 0.58%
Stc Management Group, LLC KY$19.0M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610650121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.