Plan Ledger DOL Form 5500 · updated monthly

The Woodlands Religious Community Inc. dba Interfaith403(b)

INTERFAITH 403(B) RETIREMENT PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

The Woodlands Religious Community Inc. dba Interfaith reported $39,160 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $845 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 0.66% to 0.46%. 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 Texas (3,222nd of 5,688), and 1,757th of 3,341 in other services. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,988,208
Participants with balances171
Active participants296
Employer contributions$250,140
Employee contributions$352,975
Employer contribution per active participant$845
Average account balance$52,563
Benefits paid to participants$530,936
Plan auditUnmodified (clean) audit opinion
AuditorALEXANDER & WILLIAMS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 171 accts · $250K emplr
2023$7.9M · 174 accts · $246K emplr
2022$7.3M · 173 accts · $268K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,710
Investment management$20,418
Trustee / custodial$488
Total administrative$39,160
Employer contributions to the The Woodlands Religious Community Inc. dba Interfaith plan · 2024
Employer contribution per active participant$845
Median for plans this size$1,313
2024$845 per active participant
2023$815 per active participant
2022$901 per active participant

The Woodlands Religious Community Inc. dba Interfaith'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 · 20244
DEFINITI LLC · Recordkeeping · Loan processing$17,750
FONDREN OAKS CAPITAL MGMT · Investment advisory (plan)$20,418
AXA EQUITABLE LIFE INSURANCE CO · Loan processing · Investment management$544
MATRIX TRUST · Custodial (securities)$488

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

Recordkeeper by year2
2024Definiti
2023Definiti

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

Administrative cost history3
2024$39,160 · 0.46%
2023$39,624 · 0.52%
2022$54,563 · 0.66%
Same employer
Similar plansOther Services · Texas
The H. E. Butt Foundation TX$9.2M · 0.19%
Ewc Corporate, LLC TX$9.2M · 0.12%
Service Industrial, Inc. TX$8.3M · 0.05%
United Fp Management, LLC TX$8.3M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741804123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.