Plan Ledger DOL Form 5500 · updated monthly

Bridgeway Academy401(k)

HELPING HANDS CENTER FOR SPECIAL NEEDS 401(K) PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Bridgeway Academy reported $32,668 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $708 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 0.59% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (2,514th of 3,295), and 2,262nd of 3,341 in other services. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 240 to 270 since 2022.

Plan summary
Net assets, end of year$5,188,798
Participants with balances213
Active participants270
Employer contributions$191,200
Employee contributions$447,489
Employer contribution per active participant$708
Average account balance$24,361
Benefits paid to participants$391,817
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 213 accts · $191K emplr
2023$4.3M · 207 accts · $166K emplr
2022$3.4M · 197 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,668
Total administrative$32,668
The Bridgeway Academy 401(k) match · 2024
Employer contribution per active participant$708
Median for plans this size$1,313
2024$708 per active participant
2023$670 per active participant
2022$619 per active participant

Bridgeway Academy's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
ADP, INC · Loan processing · Recordkeeping$1,445
EMPOWER ADVISORY GROUP, LLC · Investment management$5,470
THE BENEFIT ADVANTAGE, INC. · Contract administrator$850
ADP BROKER-DEALER · Other servicesindirect comp

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$32,668 · 0.69%
2023$22,991 · 0.60%
2022$21,255 · 0.59%
Same employer
Similar plansOther Services · Ohio
Iron Pony Motorsports Inc OH$5.4M · 0.82%
Stepowoy Enterprises, LLC OH$5.4M · 0.88%
Cip International Inc OH$5.1M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 760796242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.