Plan Ledger DOL Form 5500 · updated monthly

Montgomery Community Action401(k)

MONTGOMERY COMMUNITY ACTION AGENCY 401(K) RETIREMENT PLAN · MONTGOMERY, AL · plan year 2023

Reported admin expense ratio · 2023
0.73%

Montgomery Community Action reported $23,973 in plan administrative expenses for 2023: 0.73% of average plan assets, above the peer median. 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 has held roughly steady near 0.732%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Alabama (716th of 902), and 2,577th of 3,341 in other services.

Plan summary
Net assets, end of year$3,423,074
Participants with balances248
Active participants200
Employer contributions—
Employee contributions$144,008
Employer contribution per active participant—
Average account balance$13,803
Benefits paid to participants$130,049
Plan auditUnmodified (clean) audit opinion
AuditorBAS PARTNERS LLC
Plan history2
Yearassets · accounts · employer contribution
2024$3.2M · 231 accts · $65K emplr
2023$3.4M · 248 accts
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$13,801

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history2
2024$24,214 · 0.73%
2023$23,973 · 0.73%
Similar plansOther Services · Alabama
The Arc of Dekalb County AL$514K · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 636054097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.