Plan Ledger DOL Form 5500 · updated monthly

Boys & Girls Clubs of Northeast Ohio401(k)

BOYS & GIRLS CLUBS OF NORTHEAST OHIO 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Boys & Girls Clubs of Northeast Ohio reported $17,230 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,296 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 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (2,840th of 3,295), and 2,640th of 3,341 in other services. In 2024, the employer put in $1.42 for every $1.00 employees contributed themselves; active participation has shrunk from 327 to 167 since 2022.

Plan summary
Net assets, end of year$3,128,028
Participants with balances192
Active participants167
Employer contributions$216,455
Employee contributions$152,688
Employer contribution per active participant$1,296
Average account balance$16,292
Benefits paid to participants$494,974
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 192 accts · $216K emplr
2023$2.9M · 212 accts · $207K emplr
2022$2.5M · 168 accts · $571K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,230
Total administrative$17,230
The Boys & Girls Clubs of Northeast Ohio 401(k) match · 2024
Employer contribution per active participant$1,296
Median for plans this size$1,313
2024$1,296 per active participant
2023$630 per active participant
2022$1,748 per active participant

Boys & Girls Clubs of Northeast Ohio's 2024 employer contribution ran below 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 · 20241
MILLIMAN, INC. · Recordkeeping · Pension consulting$17,230

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$17,230 · 0.58%
2023$15,645 · 0.59%
2022$13,188 · 0.56%
Same employer
Similar plansOther Services · Ohio
Goodwill Columbus OH$3.2M · 1.35%
NAVIGATE360, LLC OH$2.9M · 0.21%
Harold J Pohl, Inc OH$2.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341856214 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.