Plan Ledger DOL Form 5500 · updated monthly

Care AllianceDC plan

403(B) THRIFT PLAN FOR EMPLOYEES OF CARE ALLIANCE · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Care Alliance reported $29,696 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,738 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.

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 (2,802nd of 3,295), and 9,011th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,339,207
Participants with balances215
Active participants79
Employer contributions$453,331
Employee contributions—
Employer contribution per active participant$5,738
Average account balance$15,531
Benefits paid to participants$957,863
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,223
Investment management$573
Total administrative$29,696
Employer contributions to the Care Alliance plan · 2024
Employer contribution per active participant$5,738
Median for plans this size$1,313

Care Alliance's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
GALLAGHER BENEFIT SERVICES INCindirect comp

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

Administrative cost history1
2024$29,696 · 0.88%
Similar plansHealth Care & Social Assistance · Ohio
The Kemper Company OH$3.4M · 0.79%
Lbk Health Care, Inc. OH$3.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341748776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.