Plan Ledger DOL Form 5500 · updated monthly

Southwest Arkansas Counseling and Mental Health Center403(b)

SOUTHWEST ARKANSAS COUNSELING & MENTAL HEALTH CENTER, INC · TEXARKANA, AR · plan year 2023

Reported admin expense ratio · 2023
0.81%

Southwest Arkansas Counseling and Mental Health Center reported $22,768 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~75% of peers. 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 0.79% to 1.01%. 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 Arkansas (368th of 456), and 9,321st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,911,311
Participants with balances136
Active participants144
Employer contributions—
Employee contributions$76,376
Employer contribution per active participant—
Average account balance$21,407
Benefits paid to participants$285,197
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS & THOMAS CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 143 accts
2023$2.9M · 136 accts
2022$2.7M · 128 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,990
Investment management$6,778
Total administrative$22,768
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 · 20232
ASCENSUS LLC · Loan processing · Recordkeeping$15,991
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$6,778

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$28,540 · 1.01%
2023$22,768 · 0.81%
2022$25,259 · 0.79%
Similar plansHealth Care & Social Assistance · Arkansas
Care IV, Inc. dba Care IV AR$3.5M · 1.28%
Ozark Opportunities Inc. AR$2.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710526149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.