Plan Ledger DOL Form 5500 · updated monthly

Teachstone Training, LLC401(k)

TEACHSTONE 401(K) PLAN · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Teachstone Training, LLC reported $24,271 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,117 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 0.04% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Virginia (1,437th of 2,266), and 2,082nd of 3,091 in educational services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 165 to 207 since 2022.

Plan summary
Net assets, end of year$10,421,361
Participants with balances224
Active participants207
Employer contributions$645,285
Employee contributions$1,283,579
Employer contribution per active participant$3,117
Average account balance$46,524
Benefits paid to participants$1,088,236
Plan auditUnmodified (clean) audit opinion
AuditorSMITH-LEONARD
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 224 accts · $645K emplr
2023$8.4M · 209 accts · $481K emplr
2022$6.4M · 184 accts · $439K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,962
Investment management$11,309
Total administrative$24,271
The Teachstone Training, LLC 401(k) match · 2024
Employer contribution per active participant$3,117
Median for plans this size$1,313
2024$3,117 per active participant
2023$2,465 per active participant
2022$2,660 per active participant

Teachstone Training, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
UNITED OF OMAHA · Recordkeeping$2,099
ASCENSUS LLC · Securities brokerage$10,863
MUTUAL OF OMAHA INVESTOR SERVICES, · Investment advisory (plan)$10,524

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

Recordkeeper by year2
2024Mutual of Omaha
2023Mutual of Omaha

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Administrative cost history3
2024$24,271 · 0.26%
2023$1,250 · 0.02%
2022$2,945 · 0.04%
Similar plansEducational Services · Virginia
Chatham Hall VA$11.4M · 0.00%
Randolph Macon Academy VA$6.9M · 0.12%
J127 Education Foundation VA$6.5M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800560774 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.