Plan Ledger DOL Form 5500 · updated monthly

Independent Living Services Inc.403(b)

INDEPENDENT LIVING SERVICES INC. 403B PLAN · CONWAY, AR · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Independent Living Services Inc. reported $12,862 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $673 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 0.46% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Arkansas (363rd of 456), and 2,636th of 3,341 in other services. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,138,525
Participants with balances274
Active participants376
Employer contributions$253,107
Employee contributions$193,573
Employer contribution per active participant$673
Average account balance$11,454
Benefits paid to participants$396,632
Plan auditDisclaimer of opinion
AuditorLANDMARK PLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 274 accts · $253K emplr
2023$2.8M · 275 accts · $283K emplr
2022$2.5M · 270 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,818
Investment management$9,044
Total administrative$12,862
Employer contributions to the Independent Living Services Inc. plan · 2024
Employer contribution per active participant$673
Median for plans this size$1,313
2024$673 per active participant
2023$780 per active participant
2022$719 per active participant

Independent Living Services Inc.'s 2024 employer contribution ran below 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$2,952
EDWARD D JONES AND CO · Investment advisory (participants) · Investment advisory (plan)$9,044
MASSMUTUAL LIFE INSURANCE CO$350

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$12,862 · 0.44%
2023$12,064 · 0.46%
2022$10,497 · 0.46%
Same employer
Similar plansOther Services · Arkansas

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Source: U.S. Department of Labor, Form 5500 series, EIN 237167314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.