Plan Ledger DOL Form 5500 · updated monthly

Southeastern North Dakota Community Action AgencyDC plan

403(B) THRIFT PLAN OF SOUTHEASTERN NORTH DAKOTA COMMUNITY ACTION AGENCY · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Southeastern North Dakota Community Action Agency reported $3,160 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,296 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 0.031%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Dakota (176th of 279), and the 5,475th of 11,911 in health care & social assistance. In 2024, the employer put in $1.68 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,810,655
Participants with balances281
Active participants140
Employer contributions$321,494
Employee contributions$191,607
Employer contribution per active participant$2,296
Average account balance$38,472
Benefits paid to participants$600,772
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 281 accts · $321K emplr
2023$9.5M · 271 accts · $294K emplr
2022$8.1M · 246 accts · $288K emplr
Employer contributions to the Southeastern North Dakota Community Action Agency plan · 2024
Employer contribution per active participant$2,296
Median for plans this size$2,416
2024$2,296 per active participant
2023$2,337 per active participant
2022$2,198 per active participant

Southeastern North Dakota Community Action Agency's 2024 employer contribution ran below the $2,416 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,332

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$3,160 · 0.03%
2023$1,439 · 0.02%
2022$2,911 · 0.03%
Similar plansHealth Care & Social Assistance · North Dakota
Unity Medical Center ND$11.7M · 0.30%
Enable, Inc. ND$11.6M · 0.02%
Fraser, LTD ND$8.0M · 0.44%
Family Healthcare Center ND$7.9M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 456014870 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.