Plan Ledger DOL Form 5500 · updated monthly

The Arc of Walker County403(b)

RETIREMENT PLAN FOR THE ARC OF WALKER COUNTY · JASPER, AL · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

The Arc of Walker County reported $1,962 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $850 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 0.37%. 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 Alabama (731st of 902), and 9,077th of 11,911 in health care & social assistance. In 2022, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,245,135
Participants with balances145
Active participants107
Employer contributions$90,997
Employee contributions$97,841
Employer contribution per active participant$850
Average account balance$22,380
Benefits paid to participants$281,774
Plan auditUnmodified (clean) audit opinion
AuditorKELLUM, WILSON & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 139 accts · $88K emplr
2023$2.3M · 139 accts · $98K emplr
2022$3.2M · 145 accts · $91K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,962
Total administrative$1,962
The The Arc of Walker County 401(k) match · 2022
Employer contribution per active participant$850
Median for plans this size$1,114
2024$709 per active participant
2023$966 per active participant
2022$850 per active participant

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

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$8,838 · 0.37%
2023$11,931 · 0.43%
2022$1,962 · 0.06%
Similar plansHealth Care & Social Assistance · Alabama
Psychiatric Staffing, LLC AL$3.5M · 1.25%
Henry County Nursing Home AL$3.5M · 0.08%
Community Hospital Inc. AL$3.3M · 1.01%
The Learning Tree, Inc. AL$3.1M · 1.11%
U.S.A. Healthcare, Inc. AL$2.8M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630760044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.