Plan Ledger DOL Form 5500 · updated monthly

The Arc of Atlantic County, IncDC plan

403(B) THRIFT PLAN THE ARC OF ATLANTIC COUNTY · EGG HARBOR TOWNSHIP, NJ · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

The Arc of Atlantic County, Inc reported $1,621 in plan administrative expenses for 2023: 0.04% 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 2 years on file its reported administrative ratio rose from 0.06% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (1,905th of 2,419), and 2,356th of 3,341 in other services. In 2023, the employer put in $2.26 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$4,691,621
Participants with balances230
Active participants159
Employer contributions$365,082
Employee contributions$161,730
Employer contribution per active participant$2,296
Average account balance$20,398
Benefits paid to participants$204,485
Plan auditUnmodified (clean) audit opinion
AuditorHFA CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 305 accts · $354K emplr
2023$4.7M · 230 accts · $365K emplr
2022$3.9M · 225 accts · $327K emplr
Employer contributions to the The Arc of Atlantic County, Inc plan · 2023
Employer contribution per active participant$2,296
Median for plans this size$1,308
2024$1,161 per active participant
2023$2,296 per active participant
2022$2,194 per active participant

The Arc of Atlantic County, Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,554

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$2,867 · 0.07%
2023$1,621 · 0.04%
2022$2,218 · 0.06%
Same employer
Similar plansOther Services · New Jersey
Tri County Cmo NJ$5.5M · 0.04%
The Atlantic Club, Inc. NJ$5.0M · 0.01%
Qe Solar, LLC NJ$4.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221779284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.