Plan Ledger DOL Form 5500 · updated monthly

Grafton School Incorporated401(k)

GRAFTON SCHOOL INCORPORATED RETIREMENT PLAN · WINCHESTER, VA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Grafton School Incorporated reported $87,899 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $747 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 rose from 0.28% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 981st-largest of 2,266 plans among Virginia employers on file, and 1,586th of 3,091 in educational services. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 634 to 732 since 2022.

Plan summary
Net assets, end of year$20,320,291
Participants with balances724
Active participants732
Employer contributions$546,919
Employee contributions$1,276,190
Employer contribution per active participant$747
Average account balance$28,067
Benefits paid to participants$3,079,796
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 724 accts · $547K emplr
2023$19.1M · 831 accts · $715K emplr
2022$15.9M · 731 accts · $602K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,695
Investment management$45,575
Total administrative$87,899
The Grafton School Incorporated 401(k) match · 2024
Employer contribution per active participant$747
Median for plans this size$2,416
2024$747 per active participant
2023$1,001 per active participant
2022$950 per active participant

Grafton School Incorporated's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$360
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)$44,032
EMPOWER ADVISORY GROUP LLC · Investment management$1,543

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$87,899 · 0.45%
2023$54,201 · 0.31%
2022$47,358 · 0.28%
Same employer
Similar plansEducational Services · Virginia
Pansophic Learning US LLC VA$22.7M · 0.13%
Christendom College VA$20.6M · 0.11%
Hampton Roads Academy VA$17.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540682401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.