Higher Horizons Day Care, Inc.403(b)
HIGHER HORIZONS DAY CARE, INC. 403(B) RETIREMENT PLAN · BAILEYS CROSSROADS, VA · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Higher Horizons Day Care, Inc. reported $10,555 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,093 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 0.51% to 0.47%. 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 (2,044th of 2,266), and 9,718th of 11,911 in health care & social assistance. In 2024, the employer put in $1.12 for every $1.00 employees contributed themselves; active participation has shrunk from 77 to 56 since 2022.
Higher Horizons Day Care, Inc.'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 540736355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.