Plan Ledger DOL Form 5500 · updated monthly

Bridge Homecare Partners LLC401(k)

BRIDGE HOMECARE PARTNERS LLC 401(K) PROFIT SHARING PLAN · DAYTON, OH · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Bridge Homecare Partners LLC reported $9,345 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,091 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 2 years on file its reported administrative ratio rose from 0.09% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (1,822nd of 3,295), and the 5,156th of 11,911 in health care & social assistance. In 2023, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,981,484
Participants with balances302
Active participants149
Employer contributions$311,558
Employee contributions$862,980
Employer contribution per active participant$2,091
Average account balance$39,674
Benefits paid to participants$1,181,887
Plan auditUnmodified (clean) audit opinion
AuditorMAHLE, WACK, ZAIDAIN & CO., PLL
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 133 accts · $119K emplr
2023$12.0M · 302 accts · $312K emplr
2022$10.1M · 260 accts · $378K emplr
Administrative expenses, itemized · 2023
Investment management$9,345
Total administrative$9,345
The Bridge Homecare Partners LLC 401(k) match · 2023
Employer contribution per active participant$2,091
Median for plans this size$2,440
2024$5,418 per active participant
2023$2,091 per active participant
2022$2,779 per active participant

Bridge Homecare Partners LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
DYNAMIC PENSION SERVICES, INC. · Contract administrator$4,745
MMA SECURITIES LLCindirect comp
DYNAMIC PENSION SERVICES, INC. · Other servicesindirect comp

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$30,144 · 0.29%
2023$9,345 · 0.08%
2022$9,768 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Heinzerling Community OH$12.0M · 0.57%
Arc Health Opco, LLC OH$11.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203715416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.