Plan Ledger DOL Form 5500 · updated monthly

Ethiopian Community Development Council Inc.403(b)

ETHIOPIAN COMMUNITY DEVELOPMENT COUNCIL INC. RETIREMENT AND EMPLOYEE SAVINGS PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Ethiopian Community Development Council Inc. reported $5,301 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,021 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 0.02% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,001st-largest of 2,266 plans among Virginia employers on file, and the 1,062nd of 3,341 in other services. In 2024, the employer put in $3.62 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,858,766
Participants with balances283
Active participants262
Employer contributions$2,101,505
Employee contributions$581,173
Employer contribution per active participant$8,021
Average account balance$70,172
Benefits paid to participants$1,830,961
Plan auditDisclaimer of opinion
AuditorALEXANDER GIBBS CHARTERED
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 283 accts · $2.1M emplr
2023$15.5M · 259 accts · $1.3M emplr
2022$12.4M · 189 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,301
Total administrative$5,301
Employer contributions to the Ethiopian Community Development Council Inc. plan · 2024
Employer contribution per active participant$8,021
Median for plans this size$2,416
2024$8,021 per active participant
2023$3,644 per active participant
2022$6,648 per active participant

Ethiopian Community Development Council Inc.'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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$4,942
LINCOLN NATIONAL CORPORATION · Contract administrator$1,175

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$5,301 · 0.03%
2023$3,282 · 0.02%
2022$2,419 · 0.02%
Same employer
Similar plansOther Services · Virginia

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Source: U.S. Department of Labor, Form 5500 series, EIN 521308986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.