Plan Ledger DOL Form 5500 · updated monthly

Canton Christian Home, Inc.401(k)

CANTON CHRISTIAN HOME, INC. 401(K) RETIREMENT PLAN · CANTON, OH · plan year 2022

Reported admin expense ratio · 2022
0.93%

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

Canton Christian Home, Inc. reported $28,037 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $463 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 0.93% to 1.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,920th of 3,295), and 9,525th of 11,911 in health care & social assistance. In 2022, employees put in $3.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,652,295
Participants with balances107
Active participants140
Employer contributions$64,846
Employee contributions$232,854
Employer contribution per active participant$463
Average account balance$24,788
Benefits paid to participants$444,347
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 105 accts · $58K emplr
2023$2.3M · 98 accts · $54K emplr
2022$2.7M · 107 accts · $65K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,211
Investment management$13,826
Total administrative$28,037
The Canton Christian Home, Inc. 401(k) match · 2022
Employer contribution per active participant$463
Median for plans this size$1,114
2024$468 per active participant
2023$456 per active participant
2022$463 per active participant

Canton Christian Home, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$25,646 · 1.04%
2023$24,600 · 0.99%
2022$28,037 · 0.93%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Grace Hospital OH$2.7M · 0.09%
Wesleyan Senior Living OH$2.7M · 0.10%
Compass Community Health OH$2.5M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341039414 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.