Plan Ledger DOL Form 5500 · updated monthly

Beech Acres401(k)

BEECH ACRES 401(K) RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Beech Acres reported $55,514 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,524 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 1.01%. 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 (2,430th of 3,295), and 7,397th of 11,911 in health care & social assistance. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,927,584
Participants with balances222
Active participants162
Employer contributions$246,851
Employee contributions$601,777
Employer contribution per active participant$1,524
Average account balance$26,701
Benefits paid to participants$802,719
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 222 accts · $247K emplr
2023$5.1M · 200 accts · $204K emplr
2022$4.6M · 197 accts · $217K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,514
Total administrative$55,514
The Beech Acres 401(k) match · 2024
Employer contribution per active participant$1,524
Median for plans this size$1,313
2024$1,524 per active participant
2023$1,319 per active participant
2022$1,456 per active participant

Beech Acres's 2024 employer contribution ran above the $1,313 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.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,450
MARINER WEALTH ADVISORS, LLC · Investment advisory (participants)$24,327

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$55,514 · 1.01%
2023$53,184 · 1.09%
2022$46,317 · 1.04%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Meridian Healthcare OH$5.9M · 0.73%
Koinonia Homes, Inc. OH$5.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310536663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.