Plan Ledger DOL Form 5500 · updated monthly

Raleigh County Community Action Association, Inc.401(k)

RCCAA 401(K) RETIREMENT PLAN · BECKLEY, WV · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Raleigh County Community Action Association, Inc. reported $16,589 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $1,268 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 0.78% to 0.83%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in West Virginia (240th of 265), and 2,853rd of 3,341 in other services. In 2024, the employer put in $2.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,062,730
Participants with balances104
Active participants103
Employer contributions$130,572
Employee contributions$63,002
Employer contribution per active participant$1,268
Average account balance$19,834
Benefits paid to participants$248,053
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 104 accts · $131K emplr
2023$1.9M · 110 accts · $129K emplr
2022$1.8M · 133 accts · $149K emplr
The Raleigh County Community Action Association, Inc. 401(k) match · 2024
Employer contribution per active participant$1,268
Median for plans this size$1,313
2024$1,268 per active participant
2023$1,358 per active participant
2022$1,307 per active participant

Raleigh County Community Action Association, Inc.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$16,589

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$16,589 · 0.83%
2023$16,684 · 0.89%
2022$15,379 · 0.78%
Similar plansOther Services · West Virginia
Onyx Energy, LLC WV$3.1M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 550480001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.