Plan5500

Section 403(B) Retirement Plan For Community Action Resource And Development, Inc. — Form 5500 plan (Community Action Resource)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Section 403(B) Retirement Plan For Community Action Resource And Development, Inc. is a benefit plan reported by Community Action Resource under EIN 73-0772528 and plan number 002. The latest loaded filing year is 2023. The filing reports 313 participants and $6,486,022 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.5MPlan net assets, end of year$6,486,022
Participants313Covered participants reported
Assets / participant$20.7KComputed: assets ÷ participants$20,722 (computed)
Provider compensation$23.2K1 Schedule C provider row(s)$23,188
Plan sponsor
Community Action Resource
EIN
73-0772528
Plan number
002
Plan type
2
Location
Claremore, OK
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023313H, C20241011164957NAL0039542624001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.5M total assets
Net assets$6.5MLiabilities$0
Money in vs. money out
Total income / additions$1.1M
Total expenses$958K
Benefits paid / distributions$929.7K
Contributions
Employer$211.2K
Participant$252.8K
Full reported line items

Net assets

Total assets (EOY)
$6,486,022
Total liabilities (EOY)
$0
Net assets (EOY)
$6,486,022
Net assets (BOY)
$6,305,754

Income & contributions

Employer contributions
$211,161
Participant contributions
$252,819
Total contributions
$577,945
Total income / additions
$1,138,228

Expenses & distributions

Benefits paid
$929,708
Administrative expenses
$28,252
Total expenses
$957,960
Net increase / (decrease)
$180,268
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 46%Participant 54%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income82%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mutual Of America Sec. Corp LLCRECORDKEEPER$23,188$02023

Related Form 5500 pages