Plan Ledger DOL Form 5500 · updated monthly

Blick Clinic, Inc.401(k)

BLICK CLINIC EMPLOYEES RETIREMENT PLAN · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Blick Clinic, Inc. reported $42,899 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,521 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 0.69%. 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 (2,365th of 3,295), and 7,120th of 11,911 in health care & social assistance. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,456,295
Participants with balances211
Active participants149
Employer contributions$226,683
Employee contributions$287,094
Employer contribution per active participant$1,521
Average account balance$30,599
Benefits paid to participants$745,576
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.5M · 211 accts · $227K emplr
2023$6.0M · 175 accts · $191K emplr
2022$6.1M · 180 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,186
Investment management$18,713
Total administrative$42,899
The Blick Clinic, Inc. 401(k) match · 2024
Employer contribution per active participant$1,521
Median for plans this size$1,313
2024$1,521 per active participant
2023$1,428 per active participant
2022$1,347 per active participant

Blick Clinic, Inc.'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 · 20243
VALMARK ADVISERS INC · Investment advisory (plan)$16,000
EMPOWER ADVISORY GROUP, LLC · Investment management$2,713

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$42,899 · 0.69%
2023$41,691 · 0.69%
2022$46,115 · 0.68%
Similar plansHealth Care & Social Assistance · Ohio
Alta Care Group, Inc. OH$6.5M · 0.04%
Leaderstat, LLC OH$6.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237176525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.