Plan Ledger DOL Form 5500 · updated monthly

The Skin Institute & Day Spa, Inc.401(k)

EDGELESS BEAUTY GROUP 401(K) RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

The Skin Institute & Day Spa, Inc. reported $20,362 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $130 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 0.21% to 0.31%. 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 Wisconsin (1,464th of 1,936), and 1,972nd of 3,341 in other services. In 2024, employees put in $26.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,270,157
Participants with balances265
Active participants166
Employer contributions$21,617
Employee contributions$566,636
Employer contribution per active participant$130
Average account balance$27,435
Benefits paid to participants$414,740
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 265 accts · $22K emplr
2023$6.1M · 246 accts · $17K emplr
2022$4.8M · 224 accts · $20K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,404
Investment management$3,691
Total administrative$20,362
The The Skin Institute & Day Spa, Inc. 401(k) match · 2024
Employer contribution per active participant$130
Median for plans this size$1,313
2024$130 per active participant
2023$103 per active participant
2022$124 per active participant

The Skin Institute & Day Spa, Inc.'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 · 20242
CETERA INVESTMENT ADVISERS LLCindirect comp
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)indirect comp

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$20,362 · 0.31%
2023$8,156 · 0.15%
2022$10,843 · 0.21%
Same employer
Similar plansOther Services · Wisconsin
Wisconsin Humane Society WI$8.2M · 0.03%
Aspiro, Inc. WI$7.8M · 0.36%
Local 2138 U.S.W.A. WI$7.2M · 0.53%
Cerebral Palsy, Inc. WI$6.2M · 0.61%
Huebsch Laundry Company WI$6.2M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391717756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.