Plan Ledger DOL Form 5500 · updated monthly

North Texas Food Bank403(b)

403(B) THRIFT PLAN FOR NORTH TEXAS FOOD BANK · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

North Texas Food Bank reported $38,419 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,863 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 0.18% to 0.56%. 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 Texas (3,560th of 5,688), and 6,774th of 11,911 in health care & social assistance. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,202,998
Participants with balances276
Active participants196
Employer contributions$561,096
Employee contributions$561,191
Employer contribution per active participant$2,863
Average account balance$26,098
Benefits paid to participants$1,193,282
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 276 accts · $561K emplr
2023$6.6M · 273 accts · $433K emplr
2022$5.0M · 273 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,419
Total administrative$38,419
Employer contributions to the North Texas Food Bank plan · 2024
Employer contribution per active participant$2,863
Median for plans this size$1,313
2024$2,863 per active participant
2023$2,005 per active participant
2022$1,722 per active participant

North Texas Food Bank's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
MMA SECURITIES LLCindirect comp

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

Administrative cost history3
2024$38,419 · 0.56%
2023$23,701 · 0.41%
2022$10,015 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Ophthalmic Partners, PA TX$7.4M · 0.44%
Sagis, PLLC TX$7.2M · 0.52%
Genesis Medical Group TX$7.2M · 1.04%
The Brookwood Community TX$7.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751785357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.