Plan Ledger DOL Form 5500 · updated monthly

Donor Network of Arizona401(k)

DONOR NETWORK OF ARIZONA 403(B) PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Donor Network of Arizona reported $135,081 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,961 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 0.31% to 0.60%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 314th-largest of 1,285 plans among Arizona employers on file, and the 3,108th of 11,911 in health care & social assistance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has grown from 249 to 363 since 2022.

Plan summary
Net assets, end of year$25,616,442
Participants with balances407
Active participants363
Employer contributions$2,526,719
Employee contributions$2,165,650
Employer contribution per active participant$6,961
Average account balance$62,940
Benefits paid to participants$1,566,729
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 407 accts · $2.5M emplr
2023$19.4M · 329 accts · $2.0M emplr
2022$8.0M · 272 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,947
Investment management$16,384
Total administrative$135,081
The Donor Network of Arizona 401(k) match · 2024
Employer contribution per active participant$6,961
Median for plans this size$2,416
2024$6,961 per active participant
2023$6,816 per active participant
2022$6,315 per active participant

Donor Network of Arizona's 2024 employer contribution ran above the $2,416 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$11,384
ADMINISTRATIVE FIDCUIARY SERVICE$5,000
MML INSURANCE AGENCY, LLCindirect comp
NOVA 401(K) ASSOCIATES · Other servicesindirect 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$135,081 · 0.60%
2023$74,151 · 0.54%
2022$24,986 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Terros, Inc. AZ$25.8M · 0.67%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860707697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.