Plan Ledger DOL Form 5500 · updated monthly

Williamsburg Landing, Inc.403(b)

WILLIAMSBURG LANDING, INC. 403(B) RETIREMENT PLAN · WILLIAMSBURG, VA · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Williamsburg Landing, Inc. reported $80,261 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $632 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 1.04% to 0.95%. 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 Virginia (1,545th of 2,266), and 6,161st of 11,911 in health care & social assistance. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has grown from 364 to 424 since 2022.

Plan summary
Net assets, end of year$8,702,885
Participants with balances441
Active participants424
Employer contributions$267,964
Employee contributions$683,913
Employer contribution per active participant$632
Average account balance$19,734
Benefits paid to participants$1,410,699
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 441 accts · $268K emplr
2023$8.1M · 441 accts · $257K emplr
2022$7.6M · 387 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,715
Investment management$26,546
Total administrative$80,261
Employer contributions to the Williamsburg Landing, Inc. plan · 2024
Employer contribution per active participant$632
Median for plans this size$1,313
2024$632 per active participant
2023$630 per active participant
2022$636 per active participant

Williamsburg Landing, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$53,234
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$20,298
WELLTH ADVISORY SERVICES, LLC · Investment advisory (plan)$6,248

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$80,261 · 0.95%
2023$91,106 · 1.16%
2022$83,759 · 1.04%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Blue Ridge Hospice, Inc. VA$8.9M · 0.54%
Beach Eye Care, Inc. VA$8.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521305909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.