Plan Ledger DOL Form 5500 · updated monthly

Tri-County Child & Family Develo401(k)

TRI-COUNTY CHILD & FAMILY DEVELOPMENT COUNCIL, INC.401(K) · WATERLOO, IA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Tri-County Child & Family Develo reported $845 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,787 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 0.023% to 0.021%. 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 Iowa (725th of 878), and 8,304th of 11,911 in health care & social assistance. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,344,328
Participants with balances106
Active participants58
Employer contributions$103,631
Employee contributions$114,094
Employer contribution per active participant$1,787
Average account balance$40,984
Benefits paid to participants$122,451
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 106 accts · $104K emplr
2023$3.8M · 111 accts · $126K emplr
2022$3.3M · 118 accts · $113K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$845
Total administrative$845
The Tri-County Child & Family Develo 401(k) match · 2024
Employer contribution per active participant$1,787
Median for plans this size$1,313
2024$1,787 per active participant
2023$2,067 per active participant
2022$1,762 per active participant

Tri-County Child & Family Develo's 2024 employer contribution ran above 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.

Administrative cost history3
2024$845 · 0.02%
2023$1,020 · 0.03%
2022$736 · 0.02%
Similar plansHealth Care & Social Assistance · Iowa
Discovery Living, Inc. IA$4.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421020922 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.