Plan Ledger DOL Form 5500 · updated monthly

Tri-County Community Action Agency, Inc.403(b)

TRI-COUNTY 403(B) · BRIDGETON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Tri-County Community Action Agency, Inc. reported $57,154 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $755 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 0.50% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,419th of 2,419), and the 5,234th of 11,911 in health care & social assistance. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,711,649
Participants with balances284
Active participants703
Employer contributions$530,986
Employee contributions$670,566
Employer contribution per active participant$755
Average account balance$41,238
Benefits paid to participants$546,083
Plan auditDisclaimer of opinion
AuditorMARTINI & MARTINI
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 284 accts · $531K emplr
2023$9.7M · 234 accts · $427K emplr
2022$8.1M · 231 accts · $409K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,154
Total administrative$57,154
Employer contributions to the Tri-County Community Action Agency, Inc. plan · 2024
Employer contribution per active participant$755
Median for plans this size$2,416
2024$755 per active participant
2023$656 per active participant
2022$636 per active participant

Tri-County Community Action Agency, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$57,154
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp
LINCOLN FINANCIAL ADVISORS CORPORAT · Investment advisory (plan)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$57,154 · 0.53%
2023$46,160 · 0.52%
2022$43,128 · 0.50%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Juniper Communities LLC NJ$11.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221942357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.