Plan Ledger DOL Form 5500 · updated monthly

Chs Therapy, LLC401(k)

CHS THERAPY, LLC 401K PLAN · MIDDLEBURG HEIGHTS, OH · plan year 2022

Reported admin expense ratio · 2022
0.70%

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

Chs Therapy, LLC reported $110,584 in plan administrative expenses for 2022: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $227 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,524th-largest of 3,295 plans among Ohio employers on file, and the 4,244th of 11,911 in health care & social assistance. In 2022, employees put in $5.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,310,647
Participants with balances1,568
Active participants3,782
Employer contributions$857,214
Employee contributions$4,888,914
Employer contribution per active participant$227
Average account balance$10,402
Benefits paid to participants$2,356,139
Plan auditUnmodified (clean) audit opinion
AuditorHW&CO.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $60K emplr
2022$16.3M · 1,568 accts · $857K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$110,584
Total administrative$110,584
The Chs Therapy, LLC 401(k) match · 2022
Employer contribution per active participant$227
Median for plans this size$2,266

Chs Therapy, LLC's 2022 employer contribution ran below the $2,266 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.

Administrative cost history2
2023Not separately reported
2022$110,584 · 0.70%
Similar plansHealth Care & Social Assistance · Ohio
Lifebanc, Inc. OH$17.2M · 0.35%
Henry County Hospital, Inc. OH$16.9M · 0.53%
Community First Solutions OH$16.9M · 0.64%
Eci, Inc. OH$16.2M · 0.00%
Area Agency on Aging, PSA2 OH$16.0M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462989439 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.