Plan Ledger DOL Form 5500 · updated monthly

Seeds of Health, Inc.403(b)

SEEDS OF HEALTH, INC. 403(B) PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Seeds of Health, Inc. reported $53,506 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,858 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 0.346%. 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 Wisconsin (1,022nd of 1,936), and 1,792nd of 3,091 in educational services. In 2024, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,519,951
Participants with balances211
Active participants138
Employer contributions$532,408
Employee contributions$650,110
Employer contribution per active participant$3,858
Average account balance$73,554
Benefits paid to participants$3,148,844
Plan auditUnmodified (clean) audit opinion
AuditorRITZHOLMAN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$15.5M · 211 accts · $532K emplr
2023$15.4M · 196 accts · $532K emplr
2022$12.8M · 188 accts · $442K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,890
Investment management$50,616
Total administrative$53,506
Employer contributions to the Seeds of Health, Inc. plan · 2024
Employer contribution per active participant$3,858
Median for plans this size$2,416
2024$3,858 per active participant
2023$3,971 per active participant
2022$3,177 per active participant

Seeds of Health, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$50,616
NEWPORT GROUP, INC. · Loan processing$2,890

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$53,506 · 0.35%
2023$46,740 · 0.33%
2022$42,145 · 0.35%
Same employer
Similar plansEducational Services · Wisconsin
Pesi, Inc. WI$19.8M · 0.16%
Nbi, Inc. WI$18.2M · 0.46%
Open Sky Education, Inc. WI$8.7M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930843605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.