Plan Ledger DOL Form 5500 · updated monthly

Families First Counseling Services of Iowa, LLC401(k)

FAMILIES FIRST COUNSELING SERVICES OF IOWA, LLC 401(K) PLAN · WATERLOO, IA · plan year 2022

Reported admin expense ratio · 2022
0.79%

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

Families First Counseling Services of Iowa, LLC reported $19,155 in plan administrative expenses for 2022: 0.79% of average plan assets, higher than ~75% of peers. Employer contributions averaged $450 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (790th of 878), and 9,804th of 11,911 in health care & social assistance. In 2022, employees put in $5.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,296,093
Participants with balances99
Active participants131
Employer contributions$58,951
Employee contributions$311,734
Employer contribution per active participant$450
Average account balance$23,193
Benefits paid to participants$194,454
Plan auditUnmodified (clean) audit opinion
AuditorDENMAN & COMPANY, LLP
Administrative expenses, itemized · 2022
Professional / advisory$1,317
Total administrative$19,155
The Families First Counseling Services of Iowa, LLC 401(k) match · 2022
Employer contribution per active participant$450
Median for plans this size$1,114

Families First Counseling Services of Iowa, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,155 · 0.79%
Similar plansHealth Care & Social Assistance · Iowa
First Resources Corp. IA$2.5M · 0.67%
United Presbyterian Home IA$2.3M · 0.03%
Wellspire, LLC IA$2.3M · 1.30%
Talk to Me Technologies IA$2.2M · 0.97%
Bethany Home IA$2.2M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731655805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.