Plan Ledger DOL Form 5500 · updated monthly

The Centers for Habilitation403(b)

THE CENTERS FOR HABILITATION 403(B) PLAN · TEMPE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

The Centers for Habilitation reported $47,735 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,164 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 0.93% to 0.72%. 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 Arizona (711th of 1,285), and 6,834th of 11,911 in health care & social assistance. In 2024, the employer put in $1.91 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,081,144
Participants with balances342
Active participants376
Employer contributions$437,821
Employee contributions$229,807
Employer contribution per active participant$1,164
Average account balance$20,705
Benefits paid to participants$584,273
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 342 accts · $438K emplr
2023$6.2M · 300 accts · $337K emplr
2022$5.3M · 282 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,273
Investment management$33,462
Total administrative$47,735
Employer contributions to the The Centers for Habilitation plan · 2024
Employer contribution per active participant$1,164
Median for plans this size$1,313
2024$1,164 per active participant
2023$839 per active participant
2022$669 per active participant

The Centers for Habilitation'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 · 20243
ABLE FINANCIAL GROUP · Investment advisory (plan)$31,936
NATIONWIDE$27,018
MGKS · Loan processing$13,500

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$47,735 · 0.72%
2023$35,843 · 0.62%
2022$46,845 · 0.93%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Mbi Acquisition Corp. AZ$8.0M · 0.42%
Infinity Hospice Care LLC AZ$8.0M · 0.45%
Sage Hospice Holdings LLC AZ$7.8M · 1.73%
Valleylife AZ$7.0M · 0.08%
Science Care, Inc. AZ$6.8M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860217033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.