Plan Ledger DOL Form 5500 · updated monthly

Volunteers of America, Dakotas401(k)

VOLUNTEERS OF AMERICA, DAKOTAS 401(K) PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Volunteers of America, Dakotas reported $39,927 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $645 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 0.41% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in South Dakota (137th of 233), and the 5,826th of 11,911 in health care & social assistance. In 2024, employees put in $3.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,628,638
Participants with balances179
Active participants201
Employer contributions$129,688
Employee contributions$500,961
Employer contribution per active participant$645
Average account balance$53,791
Benefits paid to participants$522,818
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 179 accts · $130K emplr
2023$8.5M · 169 accts · $114K emplr
2022$7.3M · 179 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,927
Total administrative$39,927
The Volunteers of America, Dakotas 401(k) match · 2024
Employer contribution per active participant$645
Median for plans this size$1,313
2024$645 per active participant
2023$566 per active participant
2022$609 per active participant

Volunteers of America, Dakotas'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 · 20241
FIRST BANK & TRUST · Recordkeeping · Trustee$39,927

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

Recordkeeper by year2
2024FIRST BANK & TRUST
2023FIRST BANK & TRUST

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

Administrative cost history3
2024$39,927 · 0.44%
2023$34,778 · 0.44%
2022$32,060 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · South Dakota
Lifequest SD$8.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237353508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.