Plan Ledger DOL Form 5500 · updated monthly

Area Agency on Aging, PSA2403(b)

AREA AGENCY ON AGING, PSA2 403(B) PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Area Agency on Aging, PSA2 reported $105,106 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,215 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 3 years on file its reported administrative ratio has held roughly steady near 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,546th-largest of 3,295 plans among Ohio employers on file, and the 4,313th of 11,911 in health care & social assistance. In 2024, employees put in $1.04 for every $1.00 the employer contributed; active participation has grown from 138 to 152 since 2022.

Plan summary
Net assets, end of year$15,975,623
Participants with balances196
Active participants152
Employer contributions$640,701
Employee contributions$667,009
Employer contribution per active participant$4,215
Average account balance$81,508
Benefits paid to participants$259,684
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 196 accts · $641K emplr
2023$13.3M · 181 accts · $566K emplr
2022$11.2M · 175 accts · $558K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,852
Investment management$52,954
Total administrative$105,106
Employer contributions to the Area Agency on Aging, PSA2 plan · 2024
Employer contribution per active participant$4,215
Median for plans this size$2,416
2024$4,215 per active participant
2023$3,748 per active participant
2022$4,047 per active participant

Area Agency on Aging, PSA2's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
MARINER WEALTH ADVISORS, LLC · Investment advisory (plan)$52,954
CLARK SCHAEFER HACKETT & CO · Contract administrator$2,360
EMPOWER ADVISORY GROUP · Investment management$1,919

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$105,106 · 0.72%
2023$89,827 · 0.73%
2022$91,447 · 0.73%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Community First Solutions OH$16.9M · 0.64%
Chs Therapy, LLC OH$16.3M · 0.70%
Eci, Inc. OH$16.2M · 0.00%
Mid-Ohio Foodbank OH$14.9M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311361630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.