Plan Ledger DOL Form 5500 · updated monthly

The Arc of Madison County, Inc401(k)

THE ARC OF MADISON COUNTY, INC 401(K) PROFIT SHARING PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

The Arc of Madison County, Inc reported $27,778 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $958 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 fell from 0.77% to 0.70%. 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 Alabama (668th of 902), and 8,418th of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,194,728
Participants with balances111
Active participants145
Employer contributions$138,937
Employee contributions$184,039
Employer contribution per active participant$958
Average account balance$37,790
Benefits paid to participants$300,448
Plan auditUnmodified (clean) audit opinion
AuditorMDA PROFESSIONAL GROUP, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 111 accts · $139K emplr
2023$3.7M · 112 accts · $132K emplr
2022$3.3M · 118 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,978
Investment management$15,800
Total administrative$27,778
The The Arc of Madison County, Inc 401(k) match · 2024
Employer contribution per active participant$958
Median for plans this size$1,313
2024$958 per active participant
2023$941 per active participant
2022$972 per active participant

The Arc of Madison County, 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$11,978
MORGAN STANLEY GLOBAL · Investment advisory (plan)$15,800

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$27,778 · 0.70%
2023$26,709 · 0.76%
2022$27,117 · 0.77%
Similar plansHealth Care & Social Assistance · Alabama
Sasser Enterprises, Inc. AL$4.3M · 1.01%
Stonecreek Services, LLC AL$4.1M · 1.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630418986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.