Plan Ledger DOL Form 5500 · updated monthly

Community Care Services403(b)

COMMUNITY CARE SERVICES 403(B) PLAN · LINCOLN PARK, MI · plan year 2021

Reported admin expense ratio · 2021
0.25%

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

Community Care Services reported $7,970 in plan administrative expenses for 2021: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,706 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 1 year on file its reported administrative ratio rose from 0.23% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,198th of 2,619), and 8,964th of 11,911 in health care & social assistance. In 2021, the employer put in $1.16 for every $1.00 employees contributed themselves; active participation has shrunk from 101 to 83 since 2020.

Plan summary
Net assets, end of year$3,406,933
Participants with balances92
Active participants83
Employer contributions$224,598
Employee contributions$194,204
Employer contribution per active participant$2,706
Average account balance$37,032
Benefits paid to participants$436,417
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2022$0 · $48K emplr
2021$3.4M · 92 accts · $225K emplr
2020$3.0M · 148 accts · $230K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$7,970
Total administrative$7,970
Employer contributions to the Community Care Services plan · 2021
Employer contribution per active participant$2,706
Median for plans this size$994
2021$2,706 per active participant
2020$2,278 per active participant

Community Care Services's 2021 employer contribution ran above the $994 median for plans its size, placing it in the top 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2022Not separately reported
2021$7,970 · 0.25%
2020$6,383 · 0.23%
Similar plansHealth Care & Social Assistance · Michigan
Eightcap, Inc. MI$3.5M · 0.34%
Fenton Healthcare, LLC MI$3.3M · 1.17%
Oakland Family Services MI$3.3M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382601865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.