Plan Ledger DOL Form 5500 · updated monthly

St. Francis Area Developmental Center401(k)

ST. FRANCIS AREA DEVELOPMENTAL CENTER EMPLOYEE RETIREMENT PLAN · FORREST CITY, AR · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

St. Francis Area Developmental Center reported $6,424 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $898 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 0.68% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Arkansas (397th of 456), and 2,889th of 3,091 in educational services. In 2024, the employer put in $4.23 for every $1.00 employees contributed themselves; active participation has grown from 140 to 168 since 2022.

Plan summary
Net assets, end of year$1,788,580
Participants with balances336
Active participants168
Employer contributions$150,842
Employee contributions$35,680
Employer contribution per active participant$898
Average account balance$5,323
Benefits paid to participants$124,629
Plan auditUnmodified (clean) audit opinion
AuditorLITTLE, SHANEYFELT & MARSHALL
Plan history3
Yearassets · accounts · employer contribution
2024$1.8M · 336 accts · $151K emplr
2023$1.6M · 290 accts · $144K emplr
2022$1.4M · 260 accts · $148K emplr
The St. Francis Area Developmental Center 401(k) match · 2024
Employer contribution per active participant$898
Median for plans this size$1,313
2024$898 per active participant
2023$1,029 per active participant
2022$1,055 per active participant

St. Francis Area Developmental Center'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
CAPITAL GROUP RETIREMENT PLAN$6,424

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$6,424 · 0.38%
2023$5,150 · 0.35%
2022$8,839 · 0.68%
Similar plansEducational Services · Arkansas
Philander Smith College AR$7.0M · 0.00%
Access Group, Inc. AR$6.8M · 0.75%
The New School AR$3.0M · 0.01%
Life Styles, Inc. AR$1.3M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710445226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.