Plan Ledger DOL Form 5500 · updated monthly

Presbyterian Homes & Family Services, Inc. dba Humankind403(b)

PRESBYTERIAN HOMES & FAMILY SERVICES, INC. DBA HUMANKIND 403(B) PLAN · LYNCHBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Presbyterian Homes & Family Services, Inc. dba Humankind reported $53,790 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $2,959 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 1.10% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,643rd of 2,266), and 1,973rd of 3,341 in other services. In 2024, the employer put in $1.01 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,260,978
Participants with balances199
Active participants136
Employer contributions$402,404
Employee contributions$396,955
Employer contribution per active participant$2,959
Average account balance$36,487
Benefits paid to participants$774,631
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON, DOYLE & HILTON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 199 accts · $402K emplr
2023$6.4M · 188 accts · $381K emplr
2022$5.2M · 184 accts · $361K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,728
Audit (IQPA)$16,062
Total administrative$53,790
The Presbyterian Homes & Family Services, Inc. dba Humankind 401(k) match · 2024
Employer contribution per active participant$2,959
Median for plans this size$1,313
2024$2,959 per active participant
2023$2,680 per active participant
2022$2,594 per active participant

Presbyterian Homes & Family Services, Inc. dba Humankind'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
AMERICAN TRUST COMPANY · Trustee (discretionary) · Contract administrator$9,898
FINANCIAL DESIGNS, INC · Investment advisory (plan)$10,005

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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

Administrative cost history3
2024$53,790 · 0.79%
2023$48,705 · 0.84%
2022$63,589 · 1.10%
Same employer
Similar plansOther Services · Virginia
Bay Aging VA$7.1M · 0.36%
The Mariners' Museum VA$6.8M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540346118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.