Plan Ledger DOL Form 5500 · updated monthly

The Richmond Society for the Prevention of Cruelty to Animals401(k)

RICHMOND SPCA 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

The Richmond Society for the Prevention of Cruelty to Animals reported $29,962 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,058 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 0.80% to 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,766th of 2,266), and 2,198th of 3,341 in other services. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,700,462
Participants with balances198
Active participants145
Employer contributions$298,398
Employee contributions$337,480
Employer contribution per active participant$2,058
Average account balance$28,790
Benefits paid to participants$169,755
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 198 accts · $298K emplr
2023$4.6M · 194 accts · $274K emplr
2022$3.3M · 185 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,962
Total administrative$29,962
The The Richmond Society for the Prevention of Cruelty to Animals 401(k) match · 2024
Employer contribution per active participant$2,058
Median for plans this size$1,313
2024$2,058 per active participant
2023$1,841 per active participant
2022$1,539 per active participant

The Richmond Society for the Prevention of Cruelty to Animals's 2024 employer contribution ran above the $1,313 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
THE VANGUARD GROUP, INC. · Recordkeeping$16,810
CETERA INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$14,039

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,962 · 0.58%
2023$25,851 · 0.66%
2022$23,676 · 0.80%
Similar plansOther Services · Virginia
Richfield Living VA$6.0M · 1.08%
Pathway Homes, Inc VA$5.8M · 0.57%
Nve, Inc. VA$5.6M · 0.74%
The Covenant School VA$4.7M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540506328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.