Plan Ledger DOL Form 5500 · updated monthly

East Arkansas Area Agency on Aging Inc401(k)

EMPLOYEE BENEFITS PLAN OF EAST ARKANSAS AREA AGENCY ON AGING INC · JONESBORO, AR · plan year 2023

Reported admin expense ratio · 2023
0.05%

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

East Arkansas Area Agency on Aging Inc reported $2,827 in plan administrative expenses for 2023: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $945 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 0.045% to 0.051%. 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 Arkansas (300th of 456), and 2,146th of 3,341 in other services. In 2023, employees put in $1.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,018,260
Participants with balances112
Active participants139
Employer contributions$131,359
Employee contributions$150,790
Employer contribution per active participant$945
Average account balance$53,734
Benefits paid to participants$864,366
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 107 accts · $107K emplr
2023$6.0M · 112 accts · $131K emplr
2022$5.9M · 130 accts · $137K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,827
Total administrative$2,827
The East Arkansas Area Agency on Aging Inc 401(k) match · 2023
Employer contribution per active participant$945
Median for plans this size$1,308
2024$833 per active participant
2023$945 per active participant
2022$905 per active participant

East Arkansas Area Agency on Aging Inc's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$2,827

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left East Arkansas Area Agency on Aging Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,860 · 0.05%
2023$2,827 · 0.05%
2022$2,928 · 0.05%
Similar plansOther Services · Arkansas

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Source: U.S. Department of Labor, Form 5500 series, EIN 710508299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.