Plan Ledger DOL Form 5500 · updated monthly

The Conservation Fund403(b)

THE CONSERVATION FUND RETIREMENT SAVINGS PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

The Conservation Fund reported $161,470 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,776 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 0.28% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 393rd-largest of 2,266 plans among Virginia employers on file, and the 319th of 3,341 in other services. In 2024, employees put in $1.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,045,324
Participants with balances241
Active participants196
Employer contributions$1,916,002
Employee contributions$2,224,168
Employer contribution per active participant$9,776
Average account balance$274,047
Benefits paid to participants$4,097,750
Plan auditDisclaimer of opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$66.0M · 241 accts · $1.9M emplr
2023$57.8M · 241 accts · $1.8M emplr
2022$52.4M · 237 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$143,787
Investment management$17,683
Total administrative$161,470
Employer contributions to the The Conservation Fund plan · 2024
Employer contribution per active participant$9,776
Median for plans this size$3,635
2024$9,776 per active participant
2023$9,492 per active participant
2022$8,475 per active participant

The Conservation Fund's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$143,787
MORGAN STANLEY · Investment advisory (plan) · Other services$17,683
THE CONSERVATION FUND · Accounting / auditindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$161,470 · 0.26%
2023$157,103 · 0.29%
2022$163,814 · 0.28%
Same employer
Similar plansOther Services · Virginia
Episcopal High School VA$71.6M · 0.18%
Metron, Inc. VA$67.7M · 0.13%
Western Branch Diesel LLC VA$58.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521388917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.