Plan Ledger DOL Form 5500 · updated monthly

Immanuel Caring Ministries Inc.403(b)

IMMANUEL CAMPUS OF CARE 403(B) RETIREMENT PLAN · PEORIA, AZ · plan year 2022

Reported admin expense ratio · 2022
1.18%

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

Immanuel Caring Ministries Inc. reported $5,359 in plan administrative expenses for 2022: 1.18% of average plan assets, above the peer median. Employer contributions averaged $421 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (1,200th of 1,285), and 11,280th of 11,911 in health care & social assistance. In 2022, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$579,860
Participants with balances66
Active participants299
Employer contributions$125,811
Employee contributions$243,239
Employer contribution per active participant$421
Average account balance$8,786
Benefits paid to participants$39,693
Plan auditUnmodified (clean) audit opinion
AuditorWILSON & ASSOCIATES, CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,359
Total administrative$5,359
Employer contributions to the Immanuel Caring Ministries Inc. plan · 2022
Employer contribution per active participant$421
Median for plans this size$331

Immanuel Caring Ministries Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,359 · 1.18%
Same employer
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M.I.K.I.D. AZ$694K · 0.95%
Nsi Nursing Service, Inc. AZ$681K · 0.14%
Zion Compassion Care, LLC AZ$521K · 2.90%
Civitan Foundation Inc. AZ$517K · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860911226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.