Plan Ledger DOL Form 5500 · updated monthly

Crossroads Community Services BoardProfit-sharing plan

CROSSROADS COMMUNITY SERVICES BOARD - PROFIT SHARING PLAN · FARMVILLE, VA · plan year 2023

Reported admin expense ratio · 2023
0.58%

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

Crossroads Community Services Board reported $48,776 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $3,158 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 0.56%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,554th of 2,266), and 6,205th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$8,613,459
Participants with balances176
Active participants147
Employer contributions$464,278
Employee contributions—
Employer contribution per active participant$3,158
Average account balance$48,940
Benefits paid to participants$966,471
Plan auditUnmodified (clean) audit opinion
AuditorHARRIS, HARVEY, NEAL & CO., LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 193 accts · $687K emplr
2023$8.6M · 176 accts · $464K emplr
2022$8.2M · 181 accts · $523K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$48,776
Total administrative$48,776
Employer contributions to the Crossroads Community Services Board plan · 2023
Employer contribution per active participant$3,158
Median for plans this size$1,308
2024$4,240 per active participant
2023$3,158 per active participant
2022$3,537 per active participant

Crossroads Community Services Board's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$48,776
BENEFIT FIDUACIARY GROUP LLC · Investment advisory (plan)indirect comp
HARRIS, HARVEY, NEAL & CO., LLP · Accounting / auditindirect 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$48,138 · 0.56%
2023$48,776 · 0.58%
2022$47,149 · 0.59%
All plans at this employer2
CROSSROADS COMMUNITY SERVICES BOARD - PROFIT SHARING PLANProfit-sharing plan
CROSSROADS COMMUNITY SERVICES BOARD MATCHING TAX DEFERRED SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Blue Ridge Hospice, Inc. VA$8.9M · 0.54%
Beach Eye Care, Inc. VA$8.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540988560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.