Plan Ledger DOL Form 5500 · updated monthly

Community Housing Partners Corporation403(b)

CHP 403(B) EMPLOYEE RETIREMENT PLAN · CHRISTIANSBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Community Housing Partners Corporation reported $152,892 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,612 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 0.76% to 0.85%. 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 1,005th-largest of 2,266 plans among Virginia employers on file, and the 1,067th of 3,341 in other services. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,709,261
Participants with balances668
Active participants423
Employer contributions$1,104,685
Employee contributions$1,121,052
Employer contribution per active participant$2,612
Average account balance$29,505
Benefits paid to participants$1,694,712
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.7M · 668 accts · $1.1M emplr
2023$16.5M · 630 accts · $1.1M emplr
2022$14.3M · 459 accts · $967K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,957
Investment management$14,773
Total administrative$152,892
Employer contributions to the Community Housing Partners Corporation plan · 2024
Employer contribution per active participant$2,612
Median for plans this size$2,416
2024$2,612 per active participant
2023$2,714 per active participant
2022$2,473 per active participant

Community Housing Partners Corporation'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 · 20246
THE LAMPO GROUP LLC DBA SMARTDOLLAR$26,350
PBMARES, LLP · Contract administrator$17,416
EMPOWER ADVISORY GROUP, LLC · Investment management$13,231
ENVESTMENT RETIREMENT SOLUTIONS LLC$8,711
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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

Administrative cost history3
2024$152,892 · 0.85%
2023$96,490 · 0.63%
2022$114,547 · 0.76%
Same employer
Similar plansOther Services · Virginia
Moore & Giles VA$18.2M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541023025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.