Plan Ledger DOL Form 5500 · updated monthly

Beth Sholom Home of Eastern Virginia403(b)

BETH SHOLOM HOME OF EASTERN VIRGINIA 403(B) PLAN · VIRGINIA BEACH, VA · plan year 2022

Reported admin expense ratio · 2022
1.32%

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

Beth Sholom Home of Eastern Virginia reported $46,264 in plan administrative expenses for 2022: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $593 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 1.32% to 1.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,994th of 2,266), and 2,650th of 3,341 in other services. In 2022, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,080,020
Participants with balances294
Active participants269
Employer contributions$159,619
Employee contributions$329,301
Employer contribution per active participant$593
Average account balance$10,476
Benefits paid to participants$672,641
Plan auditUnmodified (clean) audit opinion
AuditorWALKER HEALTHCARE SERVICES GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 166 accts · $27K emplr
2023$2.7M · 197 accts · $106K emplr
2022$3.1M · 294 accts · $160K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$46,264
Total administrative$46,264
The Beth Sholom Home of Eastern Virginia 401(k) match · 2022
Employer contribution per active participant$593
Median for plans this size$1,114
2024$3,809 per active participant
2023$7,554 per active participant
2022$593 per active participant

Beth Sholom Home of Eastern Virginia's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$28,451 · 1.08%
2023$47,979 · 1.67%
2022$46,264 · 1.32%
Similar plansOther Services · Virginia
Seton Home Study School VA$3.8M · 0.23%
Portco, Inc. VA$3.0M · 1.15%
Airlie Foundation VA$2.8M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541862383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.