Plan Ledger DOL Form 5500 · updated monthly

Light Wave Dental Management, LLCDC plan

LIGHTWAVE DENTAL RETIREMENT PLAN · WOODBRIDGE, VA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Light Wave Dental Management, LLC reported $176,353 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,673 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 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 461st-largest of 2,266 plans among Virginia employers on file, and the 1,762nd of 11,911 in health care & social assistance. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,709,673
Participants with balances1,086
Active participants1,736
Employer contributions$2,903,575
Employee contributions$6,174,232
Employer contribution per active participant$1,673
Average account balance$49,456
Benefits paid to participants$3,897,469
Plan auditUnmodified (clean) audit opinion
AuditorHBME, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$53.7M · 1,086 accts · $2.9M emplr
2023$41.3M · $2.7M emplr
2022$28.9M · 878 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,726
Investment management$89,627
Total administrative$176,353
Employer contributions to the Light Wave Dental Management, LLC plan · 2024
Employer contribution per active participant$1,673
Median for plans this size$2,416
2024$1,673 per active participant
2022$1,174 per active participant

Light Wave Dental Management, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$89,627

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$176,353 · 0.37%
2023$113,465 · 0.32%
2022$108,138 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Trusted Doctors LLC VA$62.5M · 0.14%
Care Hospice, Inc. VA$52.2M · 0.12%
Atlantic Anesthesia, Inc. VA$51.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814033101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.