Plan Ledger DOL Form 5500 · updated monthly

Scottsdale Cultural Council401(k)

SCOTTSDALE CULTURAL COUNCIL 401(K) PS PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.61%

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

Scottsdale Cultural Council reported $32,204 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. Employer contributions averaged $2,093 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 fell from 0.65% to 0.61%. 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 Arizona (783rd of 1,285), and 2,195th of 3,341 in other services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 123 to 88 since 2022.

Plan summary
Net assets, end of year$5,742,175
Participants with balances131
Active participants88
Employer contributions$184,189
Employee contributions$369,102
Employer contribution per active participant$2,093
Average account balance$43,833
Benefits paid to participants$219,394
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 131 accts · $184K emplr
2023$4.8M · 125 accts · $159K emplr
2022$4.0M · 116 accts · $156K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,656
Investment management$17,548
Total administrative$32,204
The Scottsdale Cultural Council 401(k) match · 2024
Employer contribution per active participant$2,093
Median for plans this size$1,313
2024$2,093 per active participant
2023$1,291 per active participant
2022$1,271 per active participant

Scottsdale Cultural Council's 2024 employer contribution ran above 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$14,656
FORUS ADVISORS · Investment advisory (plan)$17,548

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,204 · 0.61%
2023$26,955 · 0.62%
2022$23,480 · 0.65%
Similar plansOther Services · Arizona
Kaizen Auto Care, LLC AZ$7.0M · 1.70%
Sonoran Schools AZ$6.5M · 0.98%
Amity Foundation AZ$5.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860593786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.