Plan Ledger DOL Form 5500 · updated monthly

Tanager Place403(b)

TANAGER PLACE EMPLOYEE 403(B) RETIREMENT PLAN · CEDAR RAPIDS, IA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Tanager Place reported $18,114 in plan administrative expenses for 2024: 0.34% of average plan assets, below the peer median. Employer contributions averaged $369 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 rose from 0.06% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (686th of 878), and 7,559th of 11,911 in health care & social assistance. In 2024, employees put in $4.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,638,010
Participants with balances394
Active participants308
Employer contributions$113,787
Employee contributions$520,668
Employer contribution per active participant$369
Average account balance$14,310
Benefits paid to participants$437,100
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 394 accts · $114K emplr
2023$5.0M · 608 accts · $95K emplr
2022$4.1M · 566 accts · $5K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,114
Total administrative$18,114
Employer contributions to the Tanager Place plan · 2024
Employer contribution per active participant$369
Median for plans this size$1,313
2024$369 per active participant
2023$306 per active participant
2022$15 per active participant

Tanager Place's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 · 20243
LINCOLN RETIREMENT SERVICES · Recordkeeping$33,736
FUTUREPLAN BY ASCENSUS · Plan administrator$34,616
BERGANKDV · Investment advisory (plan)$11,500

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

Recordkeeper by year2
2024Lincoln Financial
2023Lincoln Financial

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

Administrative cost history3
2024$18,114 · 0.34%
2023$3,120 · 0.07%
2022$2,600 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
The Meth-Wick Community IA$5.7M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420688079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.