Plan Ledger DOL Form 5500 · updated monthly

Council for Professional Recognition403(b)

COUNCIL FOR PROFESSIONAL RECOGNITION 403(B) DC PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Council for Professional Recognition reported $7,259 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,743 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 0.01% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in District of Columbia (451st of 618), and 1,709th of 3,341 in other services. In 2024, the employer put in $1.90 for every $1.00 employees contributed themselves; active participation has grown from 47 to 65 since 2022.

Plan summary
Net assets, end of year$9,418,945
Participants with balances69
Active participants65
Employer contributions$568,309
Employee contributions$298,794
Employer contribution per active participant$8,743
Average account balance$136,506
Benefits paid to participants$733,108
Plan auditUnmodified (clean) audit opinion
AuditorGRF
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 69 accts · $568K emplr
2023$8.2M · 145 accts · $458K emplr
2022$4.9M · 128 accts · $400K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,231
Investment management$4,028
Total administrative$7,259
Employer contributions to the Council for Professional Recognition plan · 2024
Employer contribution per active participant$8,743
Median for plans this size$1,313
2024$8,743 per active participant
2023$7,758 per active participant
2022$8,514 per active participant

Council for Professional Recognition's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$7,259 · 0.08%
2023$2,273 · 0.03%
2022$575 · 0.01%
Similar plansOther Services · District of Columbia
Dccc DC$9.9M · 0.73%
National Quality Forum DC$9.7M · 0.06%
Hopewell Fund DC$9.7M · 0.37%
First Book DC$9.1M · 0.44%
America Votes, Inc. DC$8.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521410357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.