Plan Ledger DOL Form 5500 · updated monthly

North East Community Action Corp401(k)

NORTH EAST COMMUNITY ACTION CORP 401(K) RETIREMENT PLAN · BOWLING GREEN, MO · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

North East Community Action Corp reported $20,468 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,322 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 rose from 0.29% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (1,130th of 1,393), and 8,503rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves; active participation has grown from 111 to 135 since 2022.

Plan summary
Net assets, end of year$4,067,051
Participants with balances169
Active participants135
Employer contributions$178,480
Employee contributions$169,805
Employer contribution per active participant$1,322
Average account balance$24,065
Benefits paid to participants$249,352
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 169 accts · $178K emplr
2023$3.6M · 175 accts · $170K emplr
2022$3.1M · 169 accts · $162K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,468
Total administrative$20,468
The North East Community Action Corp 401(k) match · 2024
Employer contribution per active participant$1,322
Median for plans this size$1,313
2024$1,322 per active participant
2023$1,601 per active participant
2022$1,462 per active participant

North East Community Action Corp's 2024 employer contribution ran above 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$20,468

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$20,468 · 0.54%
2023$8,856 · 0.27%
2022$10,986 · 0.29%
Similar plansHealth Care & Social Assistance · Missouri
City Union Mission Inc. MO$4.3M · 0.04%
Semo Health Network, Inc. MO$4.0M · 0.30%
Boone Center, Inc. MO$3.9M · 0.15%
Creative World School Inc MO$3.9M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431017571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.