Plan Ledger DOL Form 5500 · updated monthly

Community First Solutions401(k)

COMMUNITY FIRST SOLUTIONS 401(K) PLAN · HAMILTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Community First Solutions reported $99,831 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,058 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 0.55% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,503rd-largest of 3,295 plans among Ohio employers on file, and the 4,151st of 11,911 in health care & social assistance. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 401 to 606 since 2022.

Plan summary
Net assets, end of year$16,856,536
Participants with balances792
Active participants606
Employer contributions$641,015
Employee contributions$1,437,176
Employer contribution per active participant$1,058
Average account balance$21,284
Benefits paid to participants$1,360,956
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.9M · 792 accts · $641K emplr
2023$14.1M · 655 accts · $523K emplr
2022$12.6M · 546 accts · $464K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,630
Investment management$39,201
Total administrative$99,831
The Community First Solutions 401(k) match · 2024
Employer contribution per active participant$1,058
Median for plans this size$2,416
2024$1,058 per active participant
2023$975 per active participant
2022$1,157 per active participant

Community First Solutions's 2024 employer contribution ran below the $2,416 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 · 20243
EVERHART FINANCIAL GROUP INC EVERHA · Investment advisory (plan)$33,982
EMPOWER ADVISORY GROUP, LLC · Investment management$5,219

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$99,831 · 0.64%
2023$81,062 · 0.61%
2022$77,472 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Lifebanc, Inc. OH$17.2M · 0.35%
Henry County Hospital, Inc. OH$16.9M · 0.53%
Chs Therapy, LLC OH$16.3M · 0.70%
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 311150845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.