Plan Ledger DOL Form 5500 · updated monthly

Bridgewater Healthcare, Inc.403(b)

BRIDGEWATER HEALTHCARE, INC. 403(B) RETIREMENT PLAN · BRIDGEWATER, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bridgewater Healthcare, Inc. reported $2,100 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,174 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 0.006% to 0.010%. 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 the 894th-largest of 2,266 plans among Virginia employers on file, and the 3,323rd of 11,911 in health care & social assistance. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has shrunk from 548 to 478 since 2022.

Plan summary
Net assets, end of year$23,238,311
Participants with balances253
Active participants478
Employer contributions$561,216
Employee contributions$697,340
Employer contribution per active participant$1,174
Average account balance$91,851
Benefits paid to participants$1,927,495
Plan auditUnmodified (clean) audit opinion
AuditorGROSS MENDELSOHN
Plan history3
Yearassets · accounts · employer contribution
2024$23.2M · 253 accts · $561K emplr
2023$20.1M · 259 accts · $565K emplr
2022$17.0M · 281 accts · $491K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,100
Total administrative$2,100
The Bridgewater Healthcare, Inc. 401(k) match · 2024
Employer contribution per active participant$1,174
Median for plans this size$2,416
2024$1,174 per active participant
2023$1,014 per active participant
2022$897 per active participant

Bridgewater Healthcare, 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$2,100

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$2,100 · 0.01%
2023$2,481 · 0.01%
2022$1,044 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
The Amyotrophic Lateral VA$24.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521296839 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.