Plan Ledger DOL Form 5500 · updated monthly

Delta Area Economic Opportunity Corporation401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF DELTA AREA ECONOMIC OPPORTUNITY CORPORATION · SIKESTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Delta Area Economic Opportunity Corporation reported $35,077 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,118 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 0.06% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other public administration employers. By assets it is among the smaller plans on file in Missouri (1,078th of 1,393), and 61st of 90 in public administration. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,206,905
Participants with balances465
Active participants385
Employer contributions$430,368
Employee contributions$304,275
Employer contribution per active participant$1,118
Average account balance$11,198
Benefits paid to participants$660,562
Plan auditUnmodified (clean) audit opinion
AuditorJARRED, GILMORE & PHILLIPS, PA
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 465 accts · $430K emplr
2023$4.6M · 432 accts · $335K emplr
2022$3.9M · 438 accts · $214K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,077
Total administrative$35,077
The Delta Area Economic Opportunity Corporation 401(k) match · 2024
Employer contribution per active participant$1,118
Median for plans this size$1,313
2024$1,118 per active participant
2023$880 per active participant
2022$502 per active participant

Delta Area Economic Opportunity Corporation'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
LINCOLN NATIONAL CORPORATION · Accounting / audit$35,077

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$35,077 · 0.72%
2023$5,121 · 0.12%
2022$2,750 · 0.06%
Similar plansPublic Administration · Missouri
Veritas Hhs, LLC CO$6.6M · 0.13%
Grand Portage R.T.C. MN$5.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430834206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.