Plan Ledger DOL Form 5500 · updated monthly

Habitat for Humanity Central Arizona401(k)

EMPLOYEE BENEFIT PLAN HABITAT FOR HUMANITY CENTRAL ARIZONA · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
1.25%

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

Habitat for Humanity Central Arizona reported $70,218 in plan administrative expenses for 2024: 1.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,601 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 1.15% to 1.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (767th of 1,285), and 3,755th of 5,337 in construction. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 97 to 119 since 2022.

Plan summary
Net assets, end of year$6,100,696
Participants with balances208
Active participants119
Employer contributions$190,547
Employee contributions$360,746
Employer contribution per active participant$1,601
Average account balance$29,330
Benefits paid to participants$240,838
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSENALLEN
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 208 accts · $191K emplr
2023$5.1M · 190 accts · $173K emplr
2022$4.0M · 182 accts · $172K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,218
Total administrative$70,218
The Habitat for Humanity Central Arizona 401(k) match · 2024
Employer contribution per active participant$1,601
Median for plans this size$1,313
2024$1,601 per active participant
2023$1,748 per active participant
2022$1,768 per active participant

Habitat for Humanity Central Arizona's 2024 employer contribution ran above the $1,313 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 · 20243
SUNWEST PENSIONS · Recordkeeping$4,050
LINCOLN NATIONAL CORPORATION · Contract administrator$44,429
STADION MONEY MANAGEMENT · Investment advisory (participants)$21,734

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

Recordkeeper by year2
2024SUNWEST PENSIONS
2023SUNWEST PENSIONS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,218 · 1.25%
2023$58,224 · 1.28%
2022$49,565 · 1.15%
Similar plansConstruction · Arizona
Tel Tech Networks, Inc. AZ$6.8M · 0.80%
Cactus Transport, Inc. AZ$6.7M · 0.42%
Interiorworx, LLC AZ$6.0M · 0.00%
Ricor, Inc. AZ$5.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742401708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.