Plan Ledger DOL Form 5500 · updated monthly

The Arc of Cape May County, Inc.403(b)

THE ARC OF CAPE MAY COUNTY, INC. 403(B) PLAN · SOUTH DENNIS, NJ · plan year 2022

Reported admin expense ratio · 2022
0.93%

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

The Arc of Cape May County, Inc. reported $30,408 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $473 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (2,066th of 2,419), and 9,382nd of 11,911 in health care & social assistance. In 2022, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,832,182
Participants with balances74
Active participants150
Employer contributions$70,922
Employee contributions$136,051
Employer contribution per active participant$473
Average account balance$38,273
Benefits paid to participants$470,660
Plan auditUnmodified (clean) audit opinion
AuditorMCINTEE FUSARO DELCORRAL, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,408
Total administrative$30,408
Employer contributions to the The Arc of Cape May County, Inc. plan · 2022
Employer contribution per active participant$473
Median for plans this size$1,114

The Arc of Cape May County, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,408 · 0.93%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Bergen's Promise, Inc. NJ$2.9M · 0.47%
Sportsmed Pt LLC NJ$2.9M · 0.99%
Neighbours, Inc. NJ$2.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222271013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.