Plan Ledger DOL Form 5500 · updated monthly

Dominion Youth Services, dba, Dominion Care401(k)

DOMINION YOUTH SERVICES 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Dominion Youth Services, dba, Dominion Care reported $11,619 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $931 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 0.71% to 0.31%. 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 (1,903rd of 2,266), and 8,454th of 11,911 in health care & social assistance. In 2024, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,138,746
Participants with balances428
Active participants314
Employer contributions$292,316
Employee contributions$377,759
Employer contribution per active participant$931
Average account balance$9,670
Benefits paid to participants$484,886
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 428 accts · $292K emplr
2023$3.4M · 346 accts · $127K emplr
2022$2.5M · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,619
Total administrative$11,619
The Dominion Youth Services, dba, Dominion Care 401(k) match · 2024
Employer contribution per active participant$931
Median for plans this size$1,313
2024$931 per active participant
2023$440 per active participant

Dominion Youth Services, dba, Dominion Care'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$10,724

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$11,619 · 0.31%
2023$10,976 · 0.37%
2022$20,098 · 0.71%
Similar plansHealth Care & Social Assistance · Virginia
Warm Hearth, Inc. VA$4.6M · 0.62%
The Daily Planet VA$4.3M · 0.56%
New Hope Housing, Inc. VA$3.9M · 0.04%
Centralcare, Incorporated VA$3.9M · 0.09%
Wall Residences, Inc. VA$3.8M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050563711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.