Plan Ledger DOL Form 5500 · updated monthly

Animal Clinic Northview, Inc.401(k)

ANIMAL CLINIC NORTHVIEW, INC. 401(K) PROFIT SHARING PLAN · NORTH RIDGEVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Animal Clinic Northview, Inc. reported $3,203 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,380 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (1,859th of 3,295), and 7,525th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 123 to 151 since 2022.

Plan summary
Net assets, end of year$11,545,479
Participants with balances162
Active participants151
Employer contributions$359,310
Employee contributions$654,150
Employer contribution per active participant$2,380
Average account balance$71,268
Benefits paid to participants$138,892
Plan auditUnmodified (clean) audit opinion
AuditorMAJKUT CPAS LTD
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 162 accts · $359K emplr
2023$9.1M · 168 accts · $275K emplr
2022$7.1M · 169 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,203
Total administrative$3,203
The Animal Clinic Northview, Inc. 401(k) match · 2024
Employer contribution per active participant$2,380
Median for plans this size$2,416
2024$2,380 per active participant
2023$1,773 per active participant
2022$2,207 per active participant

Animal Clinic Northview, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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.

Administrative cost history3
2024$3,203 · 0.03%
2023$3,421 · 0.04%
2022$3,400 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Ohio
Shremshock Architects, Inc. OH$12.4M · 0.01%
Esl Gaming America, Inc OH$12.2M · 0.35%
Bodine Perry, LLC OH$11.5M · 0.41%
Dwellworks, LLC OH$11.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341297522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.