Plan Ledger DOL Form 5500 · updated monthly

Mainstream Living, Inc403(b)

MAINSTREAM LIVING, INC 403(B) PLAN · AMES, IA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Mainstream Living, Inc reported $4,825 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $854 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 0.05% to 0.04%. 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 among the smaller plans on file in Iowa (525th of 878), and the 4,851st of 11,911 in health care & social assistance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,272,002
Participants with balances330
Active participants383
Employer contributions$327,159
Employee contributions$513,189
Employer contribution per active participant$854
Average account balance$40,218
Benefits paid to participants$2,028,683
Plan auditQualified audit opinion
AuditorSCHNURR & COMPANY, CPAS, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 330 accts · $327K emplr
2023$12.9M · 307 accts · $329K emplr
2022$11.2M · 309 accts · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,825
Total administrative$4,825
Employer contributions to the Mainstream Living, Inc plan · 2024
Employer contribution per active participant$854
Median for plans this size$2,416
2024$854 per active participant
2023$801 per active participant
2022$825 per active participant

Mainstream Living, Inc'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 · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$4,525

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$4,825 · 0.04%
2023$6,435 · 0.05%
2022$5,235 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Village Northwest Unlimited IA$15.3M · 0.18%
Medic Ems IA$14.0M · 0.42%
Kimball & Beecher Group LLC IA$11.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421042459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.