Plan Ledger DOL Form 5500 · updated monthly

The Arc of Central Alabama, Inc403(b)

TAX DEFERRED ANNUITY PLAN FOR THE ARC OF CENTRAL ALABAMA,INC · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

The Arc of Central Alabama, Inc reported $34,431 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $1,123 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 0.11% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Alabama (468th of 902), and 1,677th of 3,341 in other services. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,765,870
Participants with balances195
Active participants437
Employer contributions$490,659
Employee contributions$573,848
Employer contribution per active participant$1,123
Average account balance$50,081
Benefits paid to participants$902,835
Plan auditDisclaimer of opinion
AuditorHAYNES DOWNARD LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 195 accts · $491K emplr
2023$9.0M · 350 accts · $469K emplr
2022$7.7M · 353 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,431
Total administrative$34,431
Employer contributions to the The Arc of Central Alabama, Inc plan · 2024
Employer contribution per active participant$1,123
Median for plans this size$1,313
2024$1,123 per active participant
2023$1,197 per active participant
2022$1,170 per active participant

The Arc of Central Alabama, Inc'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
LINCOLN NATIONAL CORPORATION · Contract administrator$35,105

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$34,431 · 0.37%
2023$8,413 · 0.10%
2022$8,864 · 0.11%
Same employer
Similar plansOther Services · Alabama
Jhcc Holdings LLC AL$21.5M · 0.79%
Equal Justice Initiative AL$9.0M · 0.79%
United Ability, Inc. AL$8.2M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630375738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.