Plan Ledger DOL Form 5500 · updated monthly

Ashtabula County Community Action AgencyDC plan

403(B) THRIFT PLAN OF ASHTABULA COUNTY COMMUNITY ACTION AGENCY · ASHTABULA, OH · plan year 2023

Reported admin expense ratio · 2023
1.21%

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

Ashtabula County Community Action Agency reported $44,733 in plan administrative expenses for 2023: 1.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,526 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 rose from 0.03% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,680th of 3,295), and 8,521st of 11,911 in health care & social assistance. In 2023, the employer put in $1.42 for every $1.00 employees contributed themselves; active participation has shrunk from 146 to 129 since 2022.

Plan summary
Net assets, end of year$4,040,939
Participants with balances130
Active participants129
Employer contributions$325,846
Employee contributions$229,995
Employer contribution per active participant$2,526
Average account balance$31,084
Benefits paid to participants$297,938
Plan auditUnmodified (clean) audit opinion
AuditorS.R. SNODGRASS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 222 accts · $342K emplr
2023$4.0M · 130 accts · $326K emplr
2022$3.4M · 147 accts · $333K emplr
Employer contributions to the Ashtabula County Community Action Agency plan · 2023
Employer contribution per active participant$2,526
Median for plans this size$1,308
2024$1,541 per active participant
2023$2,526 per active participant
2022$2,283 per active participant

Ashtabula County Community Action Agency's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$9,470 · 0.23%
2023$44,733 · 1.21%
2022$1,070 · 0.03%
Similar plansHealth Care & Social Assistance · Ohio
Drs. Frankel & Puhl, Inc. OH$4.1M · 0.08%
Leads, Inc OH$4.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341059824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.