Plan Ledger DOL Form 5500 · updated monthly

Dismas Charities, Inc.Profit-sharing plan

DISMAS CHARITIES, INC. RETIREMENT PLAN · LOUISVILLE, KY · plan year 2023

Reported admin expense ratio · 2023
0.63%

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

Dismas Charities, Inc. reported $255,880 in plan administrative expenses for 2023: 0.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,235 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 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 163rd-largest of 871 plans among Kentucky employers on file, and the 2,091st of 11,911 in health care & social assistance. active participation has grown from 444 to 506 since 2022.

Plan summary
Net assets, end of year$43,440,542
Participants with balances726
Active participants506
Employer contributions$4,673,162
Employee contributions$0
Employer contribution per active participant$9,235
Average account balance$59,835
Benefits paid to participants$3,617,218
Plan auditUnmodified (clean) audit opinion
AuditorDMLO
Plan history3
Yearassets · accounts · employer contribution
2024$38.9M · 605 accts · $5.2M emplr
2023$43.4M · 726 accts · $4.7M emplr
2022$37.5M · 540 accts · $4.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$57,338
Investment management$198,542
Total administrative$255,880
Employer contributions to the Dismas Charities, Inc. plan · 2023
Employer contribution per active participant$9,235
Median for plans this size$2,440
2024$9,722 per active participant
2023$9,235 per active participant
2022$9,778 per active participant

Dismas Charities, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
EMPOWER ADVISORY GROUP, LLC · Investment management$159,062
FIFTH THIRD BANK · Investment advisory (plan)$39,480

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$257,341 · 0.63%
2023$255,880 · 0.63%
2022$246,113 · 0.62%
Same employer
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Springstone Health Opco LLC KY$47.0M · 0.28%
Associates in Dermatology KY$47.0M · 0.01%
Family Allergy Mso, LLC KY$37.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610663854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.