Plan Ledger DOL Form 5500 · updated monthly

Minnieland Private Day School, Inc.401(k)

MINNIELAND 401(K) PLAN · WOODBRIDGE, VA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Minnieland Private Day School, Inc. reported $62,368 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $325 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 0.53%. 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 among the smaller plans on file in Virginia (1,326th of 2,266), and 1,957th of 3,091 in educational services. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,263,748
Participants with balances268
Active participants715
Employer contributions$232,442
Employee contributions$494,347
Employer contribution per active participant$325
Average account balance$45,760
Benefits paid to participants$1,548,093
Plan auditUnmodified (clean) audit opinion
AuditorKOSITZKA WICKS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 268 accts · $232K emplr
2023$11.4M · 276 accts · $233K emplr
2022$9.7M · 268 accts · $226K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,170
Investment management$29,198
Total administrative$62,368
The Minnieland Private Day School, Inc. 401(k) match · 2024
Employer contribution per active participant$325
Median for plans this size$2,416
2024$325 per active participant
2023$330 per active participant
2022$334 per active participant

Minnieland Private Day School, 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$26,457
EMPOWER ADVISORY GROUP, LLC · Investment management$2,741

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$62,368 · 0.53%
2023$53,994 · 0.51%
2022$55,100 · 0.51%
Same employer
Similar plansEducational Services · Virginia
Child Care Aware of America VA$15.7M · 0.36%
Employment Services, Inc. VA$14.2M · 0.88%
North Cross School VA$13.5M · 0.02%
Nansemond Suffolk Academy VA$11.5M · 0.00%
Chatham Hall VA$11.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540954290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.