Plan Ledger DOL Form 5500 · updated monthly

Echo Health, Inc.401(k)

ECHO HEALTH, INC 401(K) SAVINGS PLAN · WESTLAKE, OH · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Echo Health, Inc. reported $5,940 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,617 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 0.036%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,384th-largest of 3,295 plans among Ohio employers on file, and the 5,758th of 11,654 in professional & technical services. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 147 to 190 since 2022.

Plan summary
Net assets, end of year$18,875,379
Participants with balances216
Active participants190
Employer contributions$1,067,222
Employee contributions$1,769,255
Employer contribution per active participant$5,617
Average account balance$87,386
Benefits paid to participants$1,156,983
Plan auditUnmodified (clean) audit opinion
AuditorYULISHANA, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 216 accts · $1.1M emplr
2023$14.5M · 190 accts · $900K emplr
2022$10.5M · 159 accts · $739K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,940
Total administrative$5,940
The Echo Health, Inc. 401(k) match · 2024
Employer contribution per active participant$5,617
Median for plans this size$2,416
2024$5,617 per active participant
2023$5,235 per active participant
2022$5,027 per active participant

Echo Health, Inc.'s 2024 employer contribution ran above the $2,416 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
ASCENSUS LLC · Loan processing · Recordkeeping$5,940

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$5,940 · 0.04%
2023$4,860 · 0.04%
2022$3,860 · 0.04%
Same employer
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Kreber Graphics, Inc. OH$19.4M · 0.44%
Signature Partners, Inc. OH$19.2M · 0.03%
The Kleingers Group OH$19.0M · 0.26%
Kdm Signs, Inc. OH$19.0M · 0.10%
Advocate Rcm, LLC OH$18.7M · 0.52%
Winxnet, LLC OH$18.5M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341858379 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.