Plan Ledger DOL Form 5500 · updated monthly

Community Living OptionsDC plan

403(B) THRIFT PLAN OF COMMUNITY LIVING OPTIONS · KALAMAZOO, MI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Community Living Options reported $1,712 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,307 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 0.04%. 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 Michigan (2,112th of 2,619), and 8,479th of 11,911 in health care & social assistance. In 2024, the employer put in $1.64 for every $1.00 employees contributed themselves; active participation has shrunk from 158 to 130 since 2022.

Plan summary
Net assets, end of year$4,106,144
Participants with balances211
Active participants130
Employer contributions$169,883
Employee contributions$103,830
Employer contribution per active participant$1,307
Average account balance$19,460
Benefits paid to participants$499,040
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 211 accts · $170K emplr
2023$3.9M · 199 accts · $170K emplr
2022$3.4M · 188 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,712
Total administrative$1,712
Employer contributions to the Community Living Options plan · 2024
Employer contribution per active participant$1,307
Median for plans this size$1,313
2024$1,307 per active participant
2023$1,091 per active participant
2022$1,081 per active participant

Community Living Options's 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,740

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$1,712 · 0.04%
2023$4,324 · 0.12%
2022$496 · 0.02%
Similar plansHealth Care & Social Assistance · Michigan
Theoria Medical PLLC MI$4.1M · 0.27%
Community Programs, Inc. MI$4.1M · 0.88%
Matrix Human Services MI$4.0M · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382433400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.