Plan Ledger DOL Form 5500 · updated monthly

Community Change401(k)

COMMUNITY CHANGE RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Community Change reported $52,909 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $11,192 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 fell from 0.33% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in District of Columbia (355th of 618), and the 3,966th of 11,911 in health care & social assistance. In 2024, employees put in $1.01 for every $1.00 the employer contributed; active participation has shrunk from 122 to 103 since 2022.

Plan summary
Net assets, end of year$18,058,577
Participants with balances181
Active participants103
Employer contributions$1,152,762
Employee contributions$1,168,720
Employer contribution per active participant$11,192
Average account balance$99,771
Benefits paid to participants$2,078,660
Plan auditUnmodified (clean) audit opinion
AuditorGELMAN, ROSENBERG & FREEDMAN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 181 accts · $1.2M emplr
2023$15.7M · 189 accts · $1.2M emplr
2022$11.9M · 175 accts · $982K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,015
Investment management$33,894
Total administrative$52,909
The Community Change 401(k) match · 2024
Employer contribution per active participant$11,192
Median for plans this size$2,416
2024$11,192 per active participant
2023$9,223 per active participant
2022$8,051 per active participant

Community Change's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$19,015
RAFFA WEALTH MANAGEMENT, LLC · Investment advisory (plan)$33,894

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$52,909 · 0.31%
2023$43,910 · 0.32%
2022$40,374 · 0.33%
Similar plansHealth Care & Social Assistance · District of Columbia
Special Olympics, Inc. DC$21.1M · 0.34%
Engenderhealth, Inc. DC$18.1M · 0.27%
Bread for City, Inc. DC$9.1M · 1.03%
Food & Friends, Inc. DC$8.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520888113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.