Plan Ledger DOL Form 5500 · updated monthly

Blanchard Valley Health System403(b)

BLANCHARD VALLEY HEALTH SYSTEM 403(B) PLAN · FINDLAY, OH · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Blanchard Valley Health System reported $363,830 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $1,874 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 0.159%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 183rd-largest of 3,295 plans among Ohio employers on file, and the 559th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$243,458,060
Participants with balances2,572
Active participants3,392
Employer contributions$6,356,224
Employee contributions$11,999,406
Employer contribution per active participant$1,874
Average account balance$94,657
Benefits paid to participants$15,274,157
Plan auditUnmodified (clean) audit opinion
AuditorFORVISMAZARS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$243.5M · 2,572 accts · $6.4M emplr
2023$214.3M · 2,492 accts · $6.1M emplr
2022$179.4M · 2,424 accts · $5.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$245,503
Investment management$100,976
Audit (IQPA)$17,351
Total administrative$363,830
Employer contributions to the Blanchard Valley Health System plan · 2024
Employer contribution per active participant$1,874
Median for plans this size$3,635
2024$1,874 per active participant
2023$1,887 per active participant
2022$1,837 per active participant

Blanchard Valley Health System's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
LINCOLN NATIONAL CORPORATION · Contract administrator$245,385
HIGHLAND CONSULTING ASSOCIATES · Pension consulting · Investment advisory (plan)$100,976
FORVIS, LLP · Accounting / audit$17,351

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$363,830 · 0.16%
2023$287,039 · 0.15%
2022$305,905 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Toledo Clinic, Inc. OH$261.0M · 0.17%
Adena Health System OH$240.5M · 0.14%
Seven Hills Anesthesia LLC OH$204.2M · 0.15%
Fairfield Medical Center OH$203.4M · 0.32%
Orthoalliance Mso, LLC OH$183.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344428206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.