Plan Ledger DOL Form 5500 · updated monthly

Boyko Management, Inc. dba the Lodge Care Center401(k)

WOL 401(K) PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Boyko Management, Inc. dba the Lodge Care Center reported $27,635 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $97 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 1 year on file its reported administrative ratio rose from 0.09% to 0.33%. 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 (2,121st of 3,295), and 6,171st of 11,911 in health care & social assistance. In 2023, employees put in $9.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,684,980
Participants with balances298
Active participants770
Employer contributions$74,420
Employee contributions$701,497
Employer contribution per active participant$97
Average account balance$29,144
Benefits paid to participants$1,287,575
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$8.7M · 298 accts · $74K emplr
2022$8.0M · 269 accts · $73K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,371
Audit (IQPA)$9,700
Total administrative$27,635
The Boyko Management, Inc. dba the Lodge Care Center 401(k) match · 2023
Employer contribution per active participant$97
Median for plans this size$1,308
2023$97 per active participant
2022$110 per active participant

Boyko Management, Inc. dba the Lodge Care Center's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PENSION CORPORATION OF AMERICA · Contract administrator · Recordkeeping$17,934
BLUE & CO. LLC · Accounting / audit$9,700

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

Administrative cost history2
2023$27,635 · 0.33%
2022$8,070 · 0.09%
Similar plansHealth Care & Social Assistance · Ohio
One Health Ohio OH$9.2M · 0.67%
Maryhaven Inc. OH$8.9M · 0.89%
The McGregor Foundation OH$8.2M · 0.88%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311331828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.