Plan Ledger DOL Form 5500 · updated monthly

Village Northwest Unlimited403(b)

VNU 403(B) PLAN · SHELDON, IA · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Village Northwest Unlimited reported $27,101 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $378 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 0.56% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (483rd of 878), and the 4,429th of 11,911 in health care & social assistance. In 2024, employees put in $4.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,286,437
Participants with balances182
Active participants288
Employer contributions$108,786
Employee contributions$487,993
Employer contribution per active participant$378
Average account balance$83,991
Benefits paid to participants$1,482,946
Plan auditUnmodified (clean) audit opinion
AuditorDENMAN CPA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 182 accts · $109K emplr
2023$14.3M · 186 accts · $112K emplr
2022$12.7M · 186 accts · $120K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,101
Total administrative$27,101
Employer contributions to the Village Northwest Unlimited plan · 2024
Employer contribution per active participant$378
Median for plans this size$2,416
2024$378 per active participant
2023$402 per active participant
2022$410 per active participant

Village Northwest Unlimited's 2024 employer contribution ran below the $2,416 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 · 20243
DEFINITI, LLC · Contract administrator · Recordkeeping$12,493
NATIONWIDE · Recordkeeping · Custodial$2,305
AMERICAN STATE BANK · Investment advisory (participants) · Investment advisory (plan)indirect comp

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

Recordkeeper by year2
2024Definiti, Nationwide
2023Definiti, Nationwide

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

Administrative cost history3
2024$27,101 · 0.18%
2023$74,272 · 0.55%
2022$79,410 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Systems Unlimited, Inc. IA$16.0M · 0.37%
Burgess Health Center IA$15.7M · 0.59%
Medic Ems IA$14.0M · 0.42%
Mainstream Living, Inc IA$13.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421044017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.