Plan Ledger DOL Form 5500 · updated monthly

Mountain Empire Older Citizens, Inc.403(b)

403(B) THRIFT PLAN OF MOUNTAIN EMPIRE OLDER CITIZENS, INC. · BIG STONE GAP, VA · plan year 2022

Reported admin expense ratio · 2022
1.03%

Mountain Empire Older Citizens, Inc. reported $8,153 in plan administrative expenses for 2022: 1.03% 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (2,196th of 2,266), and 3,117th of 3,341 in other services.

Plan summary
Net assets, end of year$776,925
Participants with balances43
Active participants241
Employer contributions—
Employee contributions$105,916
Employer contribution per active participant—
Average account balance$18,068
Benefits paid to participants$209,811
Plan auditDisclaimer of opinion
AuditorBLACKELY OLINGER AND ASSOCIATES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,153
Total administrative$8,153
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$8,153 · 1.03%
Same employer
Similar plansOther Services · Virginia
Cb Squared Services, Inc. VA$1.3M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541025257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.