Plan Ledger DOL Form 5500 · updated monthly

Community Action Resource403(b)

SECTION 403(B) RETIREMENT PLAN FOR COMMUNITY ACTION RESOURCE AND DEVELOPMENT, INC. · CLAREMORE, OK · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Community Action Resource reported $28,252 in plan administrative expenses for 2023: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,446 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 0.14% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oklahoma (499th of 724), and 7,105th of 11,911 in health care & social assistance. In 2023, employees put in $1.20 for every $1.00 the employer contributed; active participation has shrunk from 290 to 146 since 2022.

Plan summary
Net assets, end of year$6,486,022
Participants with balances173
Active participants146
Employer contributions$211,161
Employee contributions$252,819
Employer contribution per active participant$1,446
Average account balance$37,491
Benefits paid to participants$929,708
Plan auditUnmodified (clean) audit opinion
AuditorFINLEY & COOK, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 200 accts · $203K emplr
2023$6.5M · 173 accts · $211K emplr
2022$6.3M · 147 accts · $175K emplr
Employer contributions to the Community Action Resource plan · 2023
Employer contribution per active participant$1,446
Median for plans this size$1,308
2024$616 per active participant
2023$1,446 per active participant
2022$605 per active participant

Community Action Resource's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$23,188

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$43,579 · 0.68%
2023$28,252 · 0.44%
2022$10,776 · 0.14%
Similar plansHealth Care & Social Assistance · Oklahoma
Montereau, Inc. OK$5.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730772528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.