Plan Ledger DOL Form 5500 · updated monthly

New Day Admin, LLC401(k)

NEW DAY ADMIN, LLC 401(K) PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
1.16%

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

New Day Admin, LLC reported $84,936 in plan administrative expenses for 2024: 1.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.81% to 1.16%. 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 Missouri (936th of 1,393), and 6,432nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$8,037,271
Participants with balances481
Active participants2,855
Employer contributions$0
Employee contributions$1,221,834
Employer contribution per active participant$0
Average account balance$16,710
Benefits paid to participants$613,576
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.0M · 481 accts
2023$6.7M · 349 accts · $173 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,559
Investment management$21,467
Audit (IQPA)$13,910
Total administrative$84,936
The New Day Admin, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

New Day Admin, LLC's 2024 employer contribution ran below the $1,313 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,559
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,000
CALVETTI FERGUSON · Accounting / audit$13,910

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

Administrative cost history2
2024$84,936 · 1.16%
2023$47,178 · 0.81%
Similar plansHealth Care & Social Assistance · Missouri
Ability Kc MO$7.8M · 0.52%
Places for People Inc. MO$7.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873987518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.