Plan Ledger DOL Form 5500 · updated monthly

Beth Sholom Home of Virginia403(b)

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

Reported admin expense ratio · 2022
1.80%

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

Beth Sholom Home of Virginia reported $29,619 in plan administrative expenses for 2022: 1.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $407 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (2,136th of 2,266), and 10,574th of 11,911 in health care & social assistance. In 2022, employees put in $2.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,371,966
Participants with balances57
Active participants141
Employer contributions$57,425
Employee contributions$152,443
Employer contribution per active participant$407
Average account balance$24,070
Benefits paid to participants$418,700
Plan auditUnmodified (clean) audit opinion
AuditorWALKER HEALTHCARE SERVICES GROUP CP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,619
Total administrative$29,619
Employer contributions to the Beth Sholom Home of Virginia plan · 2022
Employer contribution per active participant$407
Median for plans this size$1,114

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

Administrative cost history1
2022$29,619 · 1.80%
Same employer
Similar plansHealth Care & Social Assistance · Virginia

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Source: U.S. Department of Labor, Form 5500 series, EIN 540525702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.