Plan Ledger DOL Form 5500 · updated monthly

Pathways Behavioral Services Inc403(b)

PATHWAYS BEHAVIORAL SERVICES, INC. INTERNAL REVENUE CODE SECTION 403(B) · WATERLOO, IA · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Pathways Behavioral Services Inc reported $69,789 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,668 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 rose from 0.01% to 0.91%. 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 Iowa (620th of 878), and 6,393rd of 11,911 in health care & social assistance. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has shrunk from 118 to 100 since 2022.

Plan summary
Net assets, end of year$8,122,557
Participants with balances101
Active participants100
Employer contributions$266,785
Employee contributions$344,517
Employer contribution per active participant$2,668
Average account balance$80,421
Benefits paid to participants$599,347
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 101 accts · $267K emplr
2023$7.2M · 110 accts · $263K emplr
2022$5.8M · 110 accts · $241K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,814
Investment management$40,975
Total administrative$69,789
Employer contributions to the Pathways Behavioral Services Inc plan · 2024
Employer contribution per active participant$2,668
Median for plans this size$1,313
2024$2,668 per active participant
2023$2,171 per active participant
2022$2,044 per active participant

Pathways Behavioral Services Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
FISHER INVESTMENTS 401(K) SOLUTIONS · Investment advisory (plan)$40,975
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,814

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$69,789 · 0.91%
2023$16,280 · 0.25%
2022$601 · 0.01%
Similar plansHealth Care & Social Assistance · Iowa
Iowa Home Care, LLC IA$8.0M · 0.40%
Blue Stone Therapy, Inc. IA$7.7M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510245708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.