Plan Ledger DOL Form 5500 · updated monthly

Commquest Services, Inc.403(b)

COMMQUEST SERVICES, INC. 403(B) PLAN · CANTON, OH · plan year 2024

Reported admin expense ratio · 2024
1.40%

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

Commquest Services, Inc. reported $65,543 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $416 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 1.12% to 1.40%. 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 (2,567th of 3,295), and 8,005th of 11,911 in health care & social assistance. In 2024, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,825,723
Participants with balances200
Active participants269
Employer contributions$111,835
Employee contributions$320,530
Employer contribution per active participant$416
Average account balance$24,129
Benefits paid to participants$640,740
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 200 accts · $112K emplr
2023$4.5M · 205 accts · $113K emplr
2022$4.0M · 228 accts · $116K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,262
Investment management$16,281
Audit (IQPA)$11,000
Total administrative$65,543
Employer contributions to the Commquest Services, Inc. plan · 2024
Employer contribution per active participant$416
Median for plans this size$1,313
2024$416 per active participant
2023$404 per active participant
2022$406 per active participant

Commquest Services, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,711
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$16,276
NOVOGRADAC & COMPANY LLP · Accounting / audit$11,000
REA & ASSOCIATES INC · Contract administrator · Other services$3,550

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$65,543 · 1.40%
2023$49,648 · 1.16%
2022$49,868 · 1.12%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Valley Hospice, Inc. OH$5.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340737793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.