Plan Ledger DOL Form 5500 · updated monthly

St. Charles Health Council, Inc.403(b)

ST. CHARLES HEALTH COUNCIL, INC. 403B RETIREMENT PLAN · JONESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

St. Charles Health Council, Inc. reported $3,756 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,484 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,366th of 2,266), and the 5,320th of 11,911 in health care & social assistance. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,403,911
Participants with balances167
Active participants190
Employer contributions$281,943
Employee contributions$554,556
Employer contribution per active participant$1,484
Average account balance$68,287
Benefits paid to participants$708,744
Plan auditUnmodified (clean) audit opinion
AuditorROBINSON, FARMER, COX & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 167 accts · $282K emplr
2023$10.4M · 172 accts · $268K emplr
2022$9.3M · 164 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,756
Total administrative$3,756
Employer contributions to the St. Charles Health Council, Inc. plan · 2024
Employer contribution per active participant$1,484
Median for plans this size$2,416
2024$1,484 per active participant
2023$1,449 per active participant
2022$1,322 per active participant

St. Charles Health Council, Inc.'s 2024 employer contribution ran below 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,756
O N EQUITY SALES COMPANY · Other servicesindirect comp

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$3,756 · 0.03%
2023$3,516 · 0.04%
2022$3,746 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Johnson Health Center VA$13.3M · 0.07%
Islamic Relief USA VA$12.7M · 0.01%
Home Care Delivered, Inc. VA$12.6M · 0.42%
Spectrum Medical, Inc. VA$11.4M · 0.12%
Caresave Technologies, Inc VA$11.2M · 0.60%
The Virginia Home VA$10.6M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237319768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.