Plan Ledger DOL Form 5500 · updated monthly

Rural Office of Community Services403(b)

RURAL OFFICE OF COMMUNITY SERVICES TAX DEFERRED ANNUITY PLAN · WAGNER, SD · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Rural Office of Community Services reported $4,302 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $290 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Dakota (227th of 233), and 11,001st of 11,911 in health care & social assistance. In 2022, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$883,809
Participants with balances77
Active participants154
Employer contributions$44,725
Employee contributions$102,380
Employer contribution per active participant$290
Average account balance$11,478
Benefits paid to participants$437,911
Plan auditUnmodified (clean) audit opinion
AuditorELO PROF LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,302
Total administrative$4,302
Employer contributions to the Rural Office of Community Services plan · 2022
Employer contribution per active participant$290
Median for plans this size$331

Rural Office of Community Services's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,302 · 0.44%
Similar plansHealth Care & Social Assistance · South Dakota
Clm Enterprises, Inc. MI$888K · 0.08%
La Laser CA$888K · 1.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460365648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.