Plan Ledger DOL Form 5500 · updated monthly

Childrens Home Society of South Dakota401(k)

CHILDREN'S HOME SOCIETY OF SOUTH DAKOTA RETIREMENT PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Childrens Home Society of South Dakota reported $26,704 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $4,021 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 0.15% to 0.14%. 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 90th-largest of 233 plans among South Dakota employers on file, and the 3,661st of 11,911 in health care & social assistance. In 2024, the employer put in $2.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$20,307,868
Participants with balances461
Active participants335
Employer contributions$1,346,965
Employee contributions$640,198
Employer contribution per active participant$4,021
Average account balance$44,052
Benefits paid to participants$2,363,014
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 461 accts · $1.3M emplr
2023$18.7M · 423 accts · $1.2M emplr
2022$16.4M · 398 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Investment management$26,704
Total administrative$26,704
The Childrens Home Society of South Dakota 401(k) match · 2024
Employer contribution per active participant$4,021
Median for plans this size$2,416
2024$4,021 per active participant
2023$3,677 per active participant
2022$3,401 per active participant

Childrens Home Society of South Dakota's 2024 employer contribution ran above the $2,416 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 · 20244
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$27,814
SUPERIORUSA CORPORAT · Contract administrator · Plan administrator$5,491
EMPOWER ADVISORY GROUP, LLC · Investment management$1,325

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$26,704 · 0.14%
2023$20,396 · 0.12%
2022$23,134 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · South Dakota
Mobridge Regional Hospital SD$24.1M · 0.01%
Big Stone Therapies, Inc. SD$23.0M · 0.45%
Vision Care Associates LLP SD$21.5M · 0.24%
Brown Clinic P.L.L.P. SD$19.6M · 0.36%
Horizon Health Care, Inc. SD$19.1M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460224542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.