Plan Ledger DOL Form 5500 · updated monthly

Nursespring, LLC401(k)

NURSESPRING 401(K) PLAN · NORTH CHESTERFIELD, VA · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Nursespring, LLC reported $6,230 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $141 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Virginia (2,113th of 2,266), and 2,033rd of 2,534 in administrative & support services. In 2022, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,587,943
Participants with balances76
Active participants872
Employer contributions$122,969
Employee contributions$228,548
Employer contribution per active participant$141
Average account balance$20,894
Benefits paid to participants$54,352
Plan auditUnmodified (clean) audit opinion
AuditorMEADOWS URQUHART ACREE COOK LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,230
Total administrative$6,230
The Nursespring, LLC 401(k) match · 2022
Employer contribution per active participant$141
Median for plans this size$1,114

Nursespring, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,230 · 0.40%
Similar plansAdministrative & Support Services · Virginia
Infused Solutions, LLC VA$2.2M · 0.06%
Lewis-Price, Inc. VA$1.6M · 0.90%
New Age Protection, Inc. VA$1.4M · 2.10%
Falken Industries LLC VA$1.3M · 2.79%
Outstaffing, Inc. VA$1.2M · 0.69%
Productiv, Inc. VA$1.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542046150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.