Plan Ledger DOL Form 5500 · updated monthly

Foothills Academy, Inc.401(k)

FOOTHILLS ACADEMY 401K PLAN · ALBANY, KY · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

Foothills Academy, Inc. reported $4,846 in plan administrative expenses for 2022: 0.57% of average plan assets, below the peer median. Employer contributions averaged $513 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (834th of 871), and 11,056th of 11,911 in health care & social assistance. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$818,406
Participants with balances32
Active participants91
Employer contributions$46,680
Employee contributions$80,688
Employer contribution per active participant$513
Average account balance$25,575
Benefits paid to participants$24,003
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SHINE & CO., INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$531
Investment management$3,955
Professional / advisory$360
Total administrative$4,846
The Foothills Academy, Inc. 401(k) match · 2022
Employer contribution per active participant$513
Median for plans this size$331

Foothills Academy, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,846 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Dx Solutions LLC KY$1.3M · 0.20%
The Healing Place KY$833K · 0.70%
Bourbon Heights, Inc. KY$735K · 0.05%
Buena Vida Adhc KY$675K · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 611388928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.