Plan Ledger DOL Form 5500 · updated monthly

Conference of State Bank Supervisor401(k)

CONFERENCE OF STATE BANK SUPERVISORS SAFE HARBOR 401(K) 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

Conference of State Bank Supervisor reported $158,366 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $19,004 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 3 years on file its reported administrative ratio has held roughly steady near 0.315%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 169th-largest of 618 plans among District of Columbia employers on file, and the 2,682nd of 11,654 in professional & technical services. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$52,004,630
Participants with balances197
Active participants156
Employer contributions$2,964,678
Employee contributions$2,396,338
Employer contribution per active participant$19,004
Average account balance$263,983
Benefits paid to participants$8,631,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.0M · 197 accts · $3.0M emplr
2023$48.7M · 199 accts · $3.1M emplr
2022$39.1M · 199 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,217
Investment management$33,932
Total administrative$158,366
The Conference of State Bank Supervisor 401(k) match · 2024
Employer contribution per active participant$19,004
Median for plans this size$3,635
2024$19,004 per active participant
2023$19,821 per active participant
2022$19,711 per active participant

Conference of State Bank Supervisor's 2024 employer contribution ran above the $3,635 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 · 20245
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$118,967
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$24,957
CLIFTON LARSON ALLEN LLP · Investment advisory (participants)$14,443
COMMONWEALTH EQUITY SERVICESindirect comp
MORNINGSTAR · Investment advisory (plan)indirect 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$158,366 · 0.31%
2023$128,745 · 0.29%
2022$133,262 · 0.31%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Fiscalnote, Inc. DC$55.8M · 0.26%
Earthscope Consortium DC$55.3M · 0.05%
Kiernan Trebach LLP DC$50.4M · 0.20%
Ai Sky US Bidco, Inc. DC$49.3M · 0.47%
Acdi/Voca DC$46.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522080072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.