Plan Ledger DOL Form 5500 · updated monthly

The Nest Schools, Inc.401(k)

THE NEST SCHOOLS, INC. 401(K) PLAN · COVENTRY, CT · plan year 2022

Reported admin expense ratio · 2022
1.62%

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

The Nest Schools, Inc. reported $3,621 in plan administrative expenses for 2022: 1.62% of average plan assets, above the peer median. Employer contributions averaged $237 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Connecticut (1,087th of 1,106), and 3,061st of 3,091 in educational services. In 2022, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$282,259
Participants with balances48
Active participants268
Employer contributions$63,437
Employee contributions$93,605
Employer contribution per active participant$237
Average account balance$5,880
Benefits paid to participants$4,592
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,621
Total administrative$3,621
The The Nest Schools, Inc. 401(k) match · 2022
Employer contribution per active participant$237
Median for plans this size$331

The Nest Schools, Inc.'s 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,621 · 1.62%
Same employer
Similar plansEducational Services · Connecticut
The Franklin Academy Inc. CT$3.1M · 0.16%
Lulac Head Start, Inc. CT$2.8M · 1.04%
The Next Street, LLC CT$684K · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854020677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.