Plan Ledger DOL Form 5500 · updated monthly

Westminster Village, Inc.403(b)

WESTMINSTER VILLAGE, INC. 403(B) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Westminster Village, Inc. reported $17,780 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $255 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 0.96% to 0.48%. 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 Arizona (914th of 1,285), and 2,492nd of 3,341 in other services. In 2024, employees put in $5.35 for every $1.00 the employer contributed; active participation has grown from 189 to 246 since 2022.

Plan summary
Net assets, end of year$3,839,283
Participants with balances334
Active participants246
Employer contributions$62,613
Employee contributions$335,287
Employer contribution per active participant$255
Average account balance$11,495
Benefits paid to participants$544,780
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 334 accts · $63K emplr
2023$3.6M · 330 accts · $62K emplr
2022$2.9M · 326 accts · $52K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,768
Total administrative$17,780
Employer contributions to the Westminster Village, Inc. plan · 2024
Employer contribution per active participant$255
Median for plans this size$1,313
2024$255 per active participant
2023$294 per active participant
2022$277 per active participant

Westminster Village, 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 · 20243
NATIONWIDE$18,877
CBIZ INVESTMENT ADVISORY SVCS., LLC · Investment advisory (plan)$13,920
CBIZ BENEFITS & INSURANCE SERVICES · Loan processing$3,625

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$17,780 · 0.48%
2023$33,817 · 1.04%
2022$33,841 · 0.96%
Same employer
Similar plansOther Services · Arizona
Amity Foundation AZ$5.1M · 0.49%
Candelen, Inc. AZ$3.6M · 0.43%
Auto Brakes, Inc. AZ$3.6M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860424020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.