Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Ark National Holdings
Ark National Holdings 401(k)
- Health care and social assistance
- Quincy, MA
- EIN 83-2215221
- 1 plan with Schedule H financials
- Plan year 2024
- Ark National Holdings LLC
- filed as ARK National Holdings LLC (D/B/A ARK Behavioral)
Administrative expenses excluding investment management, per participant · Victory RD 401(k) Plan · plan year 2024
$274.46
Higher than 87% of the 14,713 plans $1 to 10M that report it.
Source
= $149,579 / 545
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015174903NAL0005571537001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174903NAL0005571537001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Cost and contributions
Administrative expenses per participant
$274.46
Higher than 77% of the 15,210 plans $1 to 10M that report it.
Source
= $149,579 / 545
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015174903NAL0005571537001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174903NAL0005571537001, received 2025-10-15
Administrative expenses as a share of assets
1.538%
Higher than 96% of the 15,243 plans $1 to 10M that report it.
Source
= $149,579 / $9,728,231
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015174903NAL0005571537001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015174903NAL0005571537001, received 2025-10-15
Employer contributions per participant
$1,645
Higher than 62% of the 13,342 plans $1 to 10M that report it.
Source
= $896,332 / 545
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015174903NAL0005571537001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174903NAL0005571537001, received 2025-10-15
Employer share of total contributions
35.5%
Higher than 74% of the 13,370 plans $1 to 10M that report it.
Source
= $896,332 / $2,521,487
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015174903NAL0005571537001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015174903NAL0005571537001, received 2025-10-15
Plan terms, as stated in Ark National Holdings LLC's SEC filings
Plan terms are not published in public filings.
Plan features
2T default investment (QDIA) · 2E profit-sharing · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2G fully participant-directed · 3D IRS pre-approved plan · 3H controlled-group sponsor · 2S pre-approved plan document · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015174903NAL0005571537001, received 2025-10-15
Full record, Victory RD 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ARK NATIONAL HOLDINGS LLC (D/B/A ARK BEHAVIORAL) | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Plan name | VICTORY RD 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Sponsor EIN / plan number | 83-2215221 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Sponsor location | QUINCY, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Industry (business code) | 621420, Health care and social assistance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Participants, beginning of year | 815 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Active participants | 301 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Participants, end of year | 579 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Participants with an account balance | 545 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Total assets, beginning of year | $9,468,061 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Total assets, end of year | $9,728,231 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Net assets, end of year | $9,701,914 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Total income | $3,735,643 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Net income | $234,071 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Employer contributions | $896,332 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Participant contributions | $1,585,875 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $39,280 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Total contributions | $2,521,487 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Benefit payments | $3,351,993 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $3,501,572 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Total administrative expenses | $149,579 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Contract administrator fees | $149,579 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Administrative expenses excluding investment management | $149,579 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Held in mutual funds | $9,457,747 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015174903NAL0005571537001, received 2025-10-15 |
| Independent auditor | GRAY, GRAY & GRAY, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015174903NAL0005571537001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015174903NAL0005571537001, received 2025-10-15.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| COMPASS 360, LLCrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 37 Participant loan processing; 64 Recordkeeping fees | $63,917 | yes |
| TRANSAMERICA RETIREMENT SOLUTIONS,recordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 62 Float revenue; 64 Recordkeeping fees; 67 Other insurance wrap fees | $52,770 | yes |
| COMMONWEALTH FINANCIAL NETWORK | INVESTMENT ADVISORY PLAN | 27 Investment advisory (plan) | $32,891 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015174903NAL0005571537001, received 2025-10-15.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $9,468,061 | $9,728,231 | 2.7% |
| Participants with a balance | 759 | 545 | -28.2% |
| Administrative expenses | $154,794 | $149,579 | -3.4% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $1,142,536 | $896,332 | -21.5% |
Prior filing 20241015121017NAL0057478322001, received 2024-10-15; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: ARK NATIONAL HOLDINGS LLC (D/B/A ARK BEHAVIORAL); SEC registrant: Ark National Holdings LLC (CIK 1799335, matched by EIN).