Plan Ledger DOL Form 5500 · updated monthly

Ozarks Area Community Action Corporation403(b)

OACAC MATCHING PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Ozarks Area Community Action Corporation reported $13,725 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $619 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 3 years on file its reported administrative ratio has held roughly steady near 0.168%. 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 (927th of 1,393), and 6,318th of 11,911 in health care & social assistance. In 2024, employees put in $2.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,316,364
Participants with balances373
Active participants449
Employer contributions$277,861
Employee contributions$648,603
Employer contribution per active participant$619
Average account balance$22,296
Benefits paid to participants$1,508,059
Plan auditUnmodified (clean) audit opinion
AuditorROBERTS, MCKENZIE, MANGAN & CUMMIN
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 373 accts · $278K emplr
2023$8.1M · 355 accts · $269K emplr
2022$7.2M · 343 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,725
Total administrative$13,725
Employer contributions to the Ozarks Area Community Action Corporation plan · 2024
Employer contribution per active participant$619
Median for plans this size$1,313
2024$619 per active participant
2023$587 per active participant
2022$475 per active participant

Ozarks Area Community Action Corporation's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
VALIC · Investment advisory (participants) · Loan processing$13,725

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$13,725 · 0.17%
2023$12,011 · 0.16%
2022$12,571 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
New Day Admin, LLC MO$8.0M · 1.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 430836672 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.