Plan Ledger DOL Form 5500 · updated monthly

Childrens Home of Northern Kentucky, Inc.403(b)

CHILDREN'S HOME OF NORTHERN KENTUCKY 403(B) PLAN · COVINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Childrens Home of Northern Kentucky, Inc. reported $3,949 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,231 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 fell from 0.64% to 0.16%. 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 Kentucky (732nd of 871), and 9,376th of 11,911 in health care & social assistance. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 107 to 152 since 2022.

Plan summary
Net assets, end of year$2,837,650
Participants with balances77
Active participants152
Employer contributions$187,054
Employee contributions$281,058
Employer contribution per active participant$1,231
Average account balance$36,853
Benefits paid to participants$130,230
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & COMPANY, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 77 accts · $187K emplr
2023$2.2M · 162 accts · $161K emplr
2022$1.7M · 196 accts · $100K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,164
Investment management$785
Total administrative$3,949
Employer contributions to the Childrens Home of Northern Kentucky, Inc. plan · 2024
Employer contribution per active participant$1,231
Median for plans this size$1,313
2024$1,231 per active participant
2023$1,222 per active participant
2022$936 per active participant

Childrens Home of Northern Kentucky, Inc.'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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$2,984

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$3,949 · 0.16%
2023$11,282 · 0.58%
2022$12,087 · 0.64%
Similar plansHealth Care & Social Assistance · Kentucky
Uspiritus Inc. KY$3.3M · 1.11%
Trigg County Hospital KY$2.9M · 0.51%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 237068704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.