Plan Ledger DOL Form 5500 · updated monthly

Hope Community Resources, Inc.403(b)

HOPE COMMUNITY RESOURCES, INC. RETIREMENT SAVINGS PLAN · ANCHORAGE, AK · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Hope Community Resources, Inc. reported $70,645 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $585 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 fell from 0.62% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alaska (90th of 160), and the 4,787th of 11,911 in health care & social assistance. In 2024, employees put in $4.83 for every $1.00 the employer contributed; active participation has shrunk from 571 to 448 since 2022.

Plan summary
Net assets, end of year$13,550,633
Participants with balances401
Active participants448
Employer contributions$262,221
Employee contributions$1,267,169
Employer contribution per active participant$585
Average account balance$33,792
Benefits paid to participants$1,902,312
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 401 accts · $262K emplr
2023$12.8M · 461 accts · $278K emplr
2022$10.5M · 406 accts · $267K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,687
Investment management$24,958
Total administrative$70,645
Employer contributions to the Hope Community Resources, Inc. plan · 2024
Employer contribution per active participant$585
Median for plans this size$2,416
2024$585 per active participant
2023$600 per active participant
2022$467 per active participant

Hope Community Resources, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$45,687
MERRILL LYNCH · Investment advisory (participants)$24,958

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$70,645 · 0.54%
2023$62,399 · 0.54%
2022$68,646 · 0.62%
Same employer
Similar plansHealth Care & Social Assistance · Alaska
Kawerak, Inc. AK$17.9M · 0.00%
Juneau Youth Services, Inc. AK$10.6M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920036594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.