Plan Ledger DOL Form 5500 · updated monthly

Community Health Professionals403(b)

COMMUNITY HEALTH PROFESSIONALS 403(B) PLAN · VAN WERT, OH · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Community Health Professionals reported $33,978 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $871 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 3 years on file its reported administrative ratio has held roughly steady near 0.74%. 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 (2,554th of 3,295), and 7,951st of 11,911 in health care & social assistance. In 2024, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,927,417
Participants with balances160
Active participants162
Employer contributions$141,166
Employee contributions$219,009
Employer contribution per active participant$871
Average account balance$30,796
Benefits paid to participants$293,432
Plan auditUnmodified (clean) audit opinion
AuditorSHULTZ HUBER AND ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 160 accts · $141K emplr
2023$4.3M · 161 accts · $130K emplr
2022$3.9M · 185 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,234
Investment management$31,744
Total administrative$33,978
Employer contributions to the Community Health Professionals plan · 2024
Employer contribution per active participant$871
Median for plans this size$1,313
2024$871 per active participant
2023$753 per active participant
2022$821 per active participant

Community Health Professionals'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
ALERUS FINANCIAL · Recordkeeping · Loan processing$33,979

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$33,978 · 0.74%
2023$32,731 · 0.80%
2022$31,482 · 0.72%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Valley Hospice, Inc. OH$5.0M · 0.08%
Commquest Services, Inc. OH$4.8M · 1.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341159395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.