Plan Ledger DOL Form 5500 · updated monthly

Family Research Council403(b)

FAMILY RESEARCH COUNCIL 403(B) RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Family Research Council reported $72,075 in plan administrative expenses for 2024: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,360 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 0.57% to 0.61%. 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 among the smaller plans on file in District of Columbia (406th of 618), and the 1,451st of 3,341 in other services. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,506,110
Participants with balances112
Active participants101
Employer contributions$339,330
Employee contributions$548,005
Employer contribution per active participant$3,360
Average account balance$111,662
Benefits paid to participants$746,668
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 112 accts · $339K emplr
2023$11.1M · 117 accts · $359K emplr
2022$10.7M · 122 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,137
Investment management$34,938
Total administrative$72,075
Employer contributions to the Family Research Council plan · 2024
Employer contribution per active participant$3,360
Median for plans this size$2,416
2024$3,360 per active participant
2023$3,519 per active participant
2022$3,337 per active participant

Family Research Council's 2024 employer contribution ran above the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,136
RPA FINANCIAL, LLC · Investment advisory (plan)$34,935

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$72,075 · 0.61%
2023$64,310 · 0.59%
2022$65,287 · 0.57%
Similar plansOther Services · District of Columbia
The One Campaign DC$13.8M · 0.34%
Defenders of Wildlife DC$13.7M · 0.47%
Community of Hope, Inc. DC$11.2M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 052179277 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.