Plan Ledger DOL Form 5500 · updated monthly

The Wayside House, Inc.403(b)

THE WAYSIDE HOUSE, INC. TAX-DEFERRED ANNUITY PLAN · ST LOUIS PARK, MN · plan year 2021

Reported admin expense ratio · 2021
0.03%

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

The Wayside House, Inc. reported $1,123 in plan administrative expenses for 2021: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $893 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 3 years on file its reported administrative ratio rose from 0.03% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,695th of 1,918), and 8,977th of 11,911 in health care & social assistance. In 2021, employees put in $2.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,388,873
Participants with balances132
Active participants84
Employer contributions$75,053
Employee contributions$174,163
Employer contribution per active participant$893
Average account balance$25,673
Benefits paid to participants$387,606
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$2.6M · 120 accts
2023$2.7M · 131 accts · $76K emplr
2022$2.5M · 141 accts · $69K emplr
2021$3.4M · 132 accts · $75K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$1,123
Total administrative$1,123
Employer contributions to the The Wayside House, Inc. plan · 2021
Employer contribution per active participant$893
Median for plans this size$994
2023$1,659 per active participant
2022$784 per active participant
2021$893 per active participant

The Wayside House, Inc.'s 2021 employer contribution ran below the $994 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2024$1,745 · 0.07%
2023$1,176 · 0.04%
2022$1,095 · 0.04%
2021$1,123 · 0.03%
Similar plansHealth Care & Social Assistance · Minnesota
Opal Services, Inc. MN$3.7M · 0.65%
Wacosa MN$3.6M · 0.84%
Hiawatha Homes, Inc. MN$3.3M · 0.06%
Park Avenue Center, Inc. MN$3.2M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410873104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.