Plan Ledger DOL Form 5500 · updated monthly

Council for a Strong America403(b)

COUNCIL FOR A STRONG AMERICA 403B PLAN · WASHINGTON, DC · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Council for a Strong America reported $16,501 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,858 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 fell from 0.30% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in District of Columbia (489th of 618), and 1,994th of 3,341 in other services. In 2023, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,110,881
Participants with balances90
Active participants39
Employer contributions$150,457
Employee contributions$360,393
Employer contribution per active participant$3,858
Average account balance$79,010
Benefits paid to participants$975,991
Plan auditUnmodified (clean) audit opinion
AuditorROGERS & COMPANY, CPAS PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$7.1M · 90 accts · $150K emplr
2022$6.5M · 101 accts · $148K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,770
Investment management$14,731
Total administrative$16,501
Employer contributions to the Council for a Strong America plan · 2023
Employer contribution per active participant$3,858
Median for plans this size$1,308
2023$3,858 per active participant
2022$2,556 per active participant

Council for a Strong America's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASCENSUS LLC · Loan processing · Recordkeeping$1,770
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$14,731

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

Administrative cost history2
2023$16,501 · 0.24%
2022$21,144 · 0.30%
Similar plansOther Services · District of Columbia
Colonial Parking, Inc. DC$7.7M · 0.12%
Working America DC$7.4M · 0.74%
Relief International DC$6.7M · 0.05%
Marthas Table Inc. DC$4.8M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133840271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.