Plan Ledger DOL Form 5500 · updated monthly

Sweet Virginia Care, LLC401(k)

SWEET VIRGINIA CARE, LLC · ASHBURN, VA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Sweet Virginia Care, LLC reported $10,107 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $562 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 0.70% to 0.60%. 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 Virginia (2,069th of 2,266), and 9,923rd of 11,911 in health care & social assistance. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,148,454
Participants with balances184
Active participants531
Employer contributions$298,336
Employee contributions$441,709
Employer contribution per active participant$562
Average account balance$11,676
Benefits paid to participants$106,846
Plan auditUnmodified (clean) audit opinion
AuditorINSERO & CO. CPAS
Plan history2
Yearassets · accounts · employer contribution
2024$2.1M · 184 accts · $298K emplr
2022$561K · 88 accts · $157K emplr
Administrative expenses, itemized · 2024
Investment management$10,107
Total administrative$10,107
The Sweet Virginia Care, LLC 401(k) match · 2024
Employer contribution per active participant$562
Median for plans this size$1,313
2024$562 per active participant
2022$482 per active participant

Sweet Virginia Care, LLC'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 · 20241
SCHNEIDER DOWNS WEALTH MGT ADVISORS · Recordkeeping · Pension consulting$10,107

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

Administrative cost history2
2024$10,107 · 0.60%
2022$2,756 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Martha Jefferson House VA$2.2M · 0.54%
Velocity Urgent Care, LLC VA$2.0M · 0.67%
Jackson-Feild Homes, Inc. VA$2.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475548875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.