Plan Ledger DOL Form 5500 · updated monthly

Cincinnati Association for the Blind401(k)

CINCINNATI ASSOCIATION FOR THE BLIND 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Cincinnati Association for the Blind reported $26,700 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $3,606 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 0.30% to 0.40%. 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 (2,266th of 3,295), and 6,753rd of 11,911 in health care & social assistance. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 117 to 142 since 2022.

Plan summary
Net assets, end of year$7,243,611
Participants with balances226
Active participants142
Employer contributions$512,065
Employee contributions$584,004
Employer contribution per active participant$3,606
Average account balance$32,051
Benefits paid to participants$886,023
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 226 accts · $512K emplr
2023$6.1M · 179 accts · $470K emplr
2022$4.4M · 167 accts · $321K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,797
Investment management$353
Total administrative$26,700
The Cincinnati Association for the Blind 401(k) match · 2024
Employer contribution per active participant$3,606
Median for plans this size$1,313
2024$3,606 per active participant
2023$4,053 per active participant
2022$2,748 per active participant

Cincinnati Association for the Blind'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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$854

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$26,700 · 0.40%
2023$16,063 · 0.31%
2022$14,633 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Ohio

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310538511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.