Plan Ledger DOL Form 5500 · updated monthly

Compass Youth Services, LLC401(k)

COMPASS YOUTH SERVICES, LLC 401(K) PLAN · NORFOLK, VA · plan year 2024

Reported admin expense ratio · 2024
1.48%

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

Compass Youth Services, LLC reported $112,135 in plan administrative expenses for 2024: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,318 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 3 years on file its reported administrative ratio has held roughly steady near 1.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,590th of 2,266), and 6,390th of 11,911 in health care & social assistance. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 191 to 268 since 2022.

Plan summary
Net assets, end of year$8,146,450
Participants with balances250
Active participants268
Employer contributions$353,289
Employee contributions$652,645
Employer contribution per active participant$1,318
Average account balance$32,586
Benefits paid to participants$841,446
Plan auditUnmodified (clean) audit opinion
AuditorCORBIN & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 250 accts · $353K emplr
2023$7.1M · 229 accts · $319K emplr
2022$5.3M · 208 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,135
Total administrative$112,135
The Compass Youth Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,318
Median for plans this size$1,313
2024$1,318 per active participant
2023$1,638 per active participant
2022$1,458 per active participant

Compass Youth Services, LLC's 2024 employer contribution ran above 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 · 20243
CAMBRIDGE INVESTMENT GROUP · Investment advisory (plan)$37,631
DOWNEAST PENSION SERVICES · Contract administrator$7,959

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$112,135 · 1.48%
2023$88,404 · 1.43%
2022$82,631 · 1.50%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Beach Eye Care, Inc. VA$8.6M · 0.35%
Masonic Home of Virginia VA$8.0M · 0.58%
SOAR365 VA$7.7M · 0.06%
Kissito Healthcare, Inc. VA$7.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200125300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.