Plan Ledger DOL Form 5500 · updated monthly

Alternative Paths Training School401(k)

ALTERNATIVE PATHS TRAINING SCHOOL 401(K) RETIREMENT PLAN · DUMFRIES, VA · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Alternative Paths Training School reported $39,372 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $383 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 0.42% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Virginia (1,874th of 2,266), and 2,557th of 3,091 in educational services. In 2024, employees put in $6.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,600,503
Participants with balances126
Active participants171
Employer contributions$65,415
Employee contributions$422,760
Employer contribution per active participant$383
Average account balance$36,512
Benefits paid to participants$396,116
Plan auditUnmodified (clean) audit opinion
AuditorBURDETTE SMITH & BISH, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 126 accts · $65K emplr
2023$3.9M · 174 accts · $163K emplr
2022$2.9M · 174 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,116
Investment management$20,256
Total administrative$39,372
The Alternative Paths Training School 401(k) match · 2024
Employer contribution per active participant$383
Median for plans this size$1,313
2024$383 per active participant
2023$887 per active participant
2022$984 per active participant

Alternative Paths Training School's 2024 employer contribution ran below the $1,313 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$19,322
MML INVESTORS SERVICES, LLC · Investment advisory (plan)$20,051

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$39,372 · 0.92%
2023$17,954 · 0.53%
2022$12,895 · 0.42%
Same employer
Similar plansEducational Services · Virginia
J127 Education Foundation VA$6.5M · 0.55%
Congressional School VA$6.3M · 0.71%
The Faison Center, Inc. VA$5.3M · 0.43%
Norfolk Christian Schools VA$3.8M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542055003 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.