Plan Ledger DOL Form 5500 · updated monthly

Community Action Program, Inc.401(k)

401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF COMMUNITY ACTION PROGRAM, INC. OF WESTERN INDIANA · COVINGTON, IN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Community Action Program, Inc. reported $978 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $497 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 0.02% to 0.03%. 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 Indiana (1,291st of 1,562), and 8,960th of 11,911 in health care & social assistance. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 111 to 126 since 2022.

Plan summary
Net assets, end of year$3,411,339
Participants with balances139
Active participants126
Employer contributions$62,660
Employee contributions$104,226
Employer contribution per active participant$497
Average account balance$24,542
Benefits paid to participants$481,169
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENNIG & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 139 accts · $63K emplr
2023$3.4M · 128 accts · $53K emplr
2022$3.3M · 114 accts · $55K emplr
The Community Action Program, Inc. 401(k) match · 2024
Employer contribution per active participant$497
Median for plans this size$1,313
2024$497 per active participant
2023$458 per active participant
2022$492 per active participant

Community Action Program, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,509

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$978 · 0.03%
2023$484 · 0.01%
2022$543 · 0.02%
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1ST Kids, Inc. IN$3.4M · 0.89%
Scan, Inc. IN$3.3M
Byron Health Center IN$3.3M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 356062298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.