Plan Ledger DOL Form 5500 · updated monthly

The Arc Gloucester, Inc.DC plan

403(B) THIFT PLAN OF THE ARC GLOUCESTER · WEST DEPTFORD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

The Arc Gloucester, Inc. reported $3,060 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,882 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 0.03% to 0.04%. 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 New Jersey (1,643rd of 2,419), and 6,356th of 11,911 in health care & social assistance. In 2024, the employer put in $4.77 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,227,396
Participants with balances255
Active participants193
Employer contributions$556,211
Employee contributions$116,612
Employer contribution per active participant$2,882
Average account balance$32,264
Benefits paid to participants$341,891
Plan auditUnmodified (clean) audit opinion
AuditorFORD SCOTT AND ASSOCIATES, L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 255 accts · $556K emplr
2023$7.2M · 249 accts · $560K emplr
2022$6.5M · 245 accts · $472K emplr
Employer contributions to the The Arc Gloucester, Inc. plan · 2024
Employer contribution per active participant$2,882
Median for plans this size$1,313
2024$2,882 per active participant
2023$2,887 per active participant
2022$2,510 per active participant

The Arc Gloucester, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
MUTUAL OF AMERICA LIFE INSURANCE CO · Claims processing · Recordkeeping$3,545

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$3,060 · 0.04%
2023$2,092 · 0.03%
2022$1,708 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
The Arc/Mercer, Inc. NJ$8.4M · 0.30%
Our House, Inc. NJ$8.2M · 0.67%
Lisata Therapeutics, Inc. NJ$7.9M · 0.50%
Ept Management LLC NJ$7.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210697151 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.