Plan Ledger DOL Form 5500 · updated monthly

Quad Area Community Action Age401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF QUAD AREA COMMUNITY ACTION AGENCY, INC. · HAMMOND, LA · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Quad Area Community Action Age reported $1,881 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,265 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 0.00% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (605th of 884), and 7,971st of 11,911 in health care & social assistance. In 2023, the employer put in $1.04 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,897,023
Participants with balances112
Active participants114
Employer contributions$144,177
Employee contributions$138,656
Employer contribution per active participant$1,265
Average account balance$43,723
Benefits paid to participants$233,906
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 97 accts · $151K emplr
2023$4.9M · 112 accts · $144K emplr
2022$4.0M · 132 accts · $142K emplr
The Quad Area Community Action Age 401(k) match · 2023
Employer contribution per active participant$1,265
Median for plans this size$1,308
2024$1,675 per active participant
2023$1,265 per active participant
2022$1,264 per active participant

Quad Area Community Action Age's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,881

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 history3
2024$588 · 0.01%
2023$1,881 · 0.04%
2022$32 · 0.00%
Similar plansHealth Care & Social Assistance · Louisiana
Arc of Acadiana, Inc. LA$5.8M · 0.93%
River Healthcare, Inc. LA$5.0M · 0.80%
Moreau Physical Therapy LA$4.9M · 1.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720796570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.