Plan Ledger DOL Form 5500 · updated monthly

Stoddard Baptist Nursing Home401(k)

STODDARD BAPTIST NURSING HOME 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Stoddard Baptist Nursing Home reported $35,814 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $171 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 0.52% to 0.75%. 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 District of Columbia (522nd of 618), and 7,944th of 11,911 in health care & social assistance. In 2024, employees put in $6.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,934,316
Participants with balances156
Active participants478
Employer contributions$81,931
Employee contributions$492,778
Employer contribution per active participant$171
Average account balance$31,630
Benefits paid to participants$721,018
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON DOYLE & HILTON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 156 accts · $82K emplr
2023$4.6M · 152 accts · $88K emplr
2022$4.0M · 152 accts · $83K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,642
Investment management$9,172
Total administrative$35,814
The Stoddard Baptist Nursing Home 401(k) match · 2024
Employer contribution per active participant$171
Median for plans this size$1,313
2024$171 per active participant
2023$192 per active participant
2022$176 per active participant

Stoddard Baptist Nursing Home's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,661
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$9,170
ORENDA RETIREMENT LLC · Contract administrator · Other services$3,985

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$35,814 · 0.75%
2023$27,313 · 0.64%
2022$21,249 · 0.52%
Similar plansHealth Care & Social Assistance · District of Columbia
Friendship Place DC$5.0M · 0.07%
Rcm of Washington, Inc. DC$4.7M · 0.43%
La Clinica Del Pueblo DC$4.0M · 0.13%
Polaris Project DC$4.0M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621182648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.