Plan Ledger DOL Form 5500 · updated monthly

Empowering Abilities401(k)

403(B)THRIFT PLAN OF HANDICAPPED DEVELOPMENT CENTER · DAVENPORT, IA · plan year 2025

Reported admin expense ratio · 2025
0.03%

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

Empowering Abilities reported $5,219 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,566 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 3 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 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 418th-largest of 878 plans among Iowa employers on file, and the 3,851st of 11,911 in health care & social assistance. In 2025, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,830,968
Participants with balances509
Active participants335
Employer contributions$524,704
Employee contributions$644,807
Employer contribution per active participant$1,566
Average account balance$36,996
Benefits paid to participants$1,277,572
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON LOWER WHITLOW PC
Plan history4
Yearassets · accounts · employer contribution
2025$18.8M · 509 accts · $525K emplr
2024$16.8M · 500 accts · $516K emplr
2023$15.6M · 472 accts · $495K emplr
2022$13.3M · 595 accts · $470K emplr
The Empowering Abilities 401(k) match · 2025
Employer contribution per active participant$1,566
Median for plans this size$2,666
2025$1,566 per active participant
2024$1,530 per active participant
2023$1,565 per active participant
2022$1,343 per active participant

Empowering Abilities's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$5,034

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

Recordkeeper by year3
2025Mutual of America
2024Mutual of America
2023Mutual of America

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

Administrative cost history4
2025$5,219 · 0.03%
2024$4,590 · 0.03%
2023$2,477 · 0.02%
2022$3,250 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Shenandoah Medical Center IA$21.0M · 0.27%
Virginia Gay Hospital IA$20.3M · 0.04%
21ST Century Rehab, PC IA$18.8M · 0.49%
Primary Health Care, Inc. IA$18.7M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420947868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.