Plan Ledger DOL Form 5500 · updated monthly

Seton Home Study School401(k)

SETON HOME STUDY SCHOOL 401(K) PROFIT SHARING PLAN & TRUST · FRONT ROYAL, VA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Seton Home Study School reported $8,294 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $783 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 0.17% to 0.23%. 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 (1,932nd of 2,266), and 2,503rd of 3,341 in other services. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,774,531
Participants with balances146
Active participants152
Employer contributions$119,028
Employee contributions$182,780
Employer contribution per active participant$783
Average account balance$25,853
Benefits paid to participants$270,963
Plan auditUnmodified (clean) audit opinion
AuditorKOSITZKA, WICKS AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 146 accts · $119K emplr
2023$3.4M · 111 accts · $112K emplr
2022$3.0M · 128 accts · $105K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,114
Investment management$320
Trustee / custodial$860
Total administrative$8,294
The Seton Home Study School 401(k) match · 2024
Employer contribution per active participant$783
Median for plans this size$1,313
2024$783 per active participant
2023$744 per active participant
2022$709 per active participant

Seton Home Study School's 2024 employer contribution ran below the $1,313 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 · 20241
PAYCHEX, INC. · Recordkeeping$7,623

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$8,294 · 0.23%
2023$6,429 · 0.20%
2022$5,196 · 0.17%
Similar plansOther Services · Virginia
The Covenant School VA$4.7M · 0.72%
Portco, Inc. VA$3.0M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541536812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.