Plan Ledger DOL Form 5500 · updated monthly

Area Agency on Aging Region 9 Inc.403(b)

AREA AGENCY ON AGING REGION 9 INC. 403(B) PLAN · CAMBRIDGE, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Area Agency on Aging Region 9 Inc. reported $25,967 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $5,193 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 0.45% to 0.27%. 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 Ohio (1,955th of 3,295), and the 5,561st of 11,911 in health care & social assistance. In 2024, the employer put in $2.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,480,509
Participants with balances161
Active participants159
Employer contributions$825,670
Employee contributions$350,845
Employer contribution per active participant$5,193
Average account balance$65,096
Benefits paid to participants$712,631
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 161 accts · $826K emplr
2023$8.6M · 155 accts · $771K emplr
2022$6.5M · 139 accts · $690K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,967
Total administrative$25,967
Employer contributions to the Area Agency on Aging Region 9 Inc. plan · 2024
Employer contribution per active participant$5,193
Median for plans this size$1,313
2024$5,193 per active participant
2023$5,074 per active participant
2022$4,662 per active participant

Area Agency on Aging Region 9 Inc.'s 2024 employer contribution ran above the $1,313 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 · 20242
LINCOLN RETIREMENT SERVICE COMPANY$25,967
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$23,909

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$25,967 · 0.27%
2023$50,528 · 0.67%
2022$30,246 · 0.45%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Child Focus, Inc. OH$10.7M · 0.81%
Judson OH$10.7M · 0.08%
Positive Education Program OH$10.1M · 0.13%
Luther Home of Mercy OH$10.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310887396 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.