Plan Ledger DOL Form 5500 · updated monthly

Elmwood of Fremont, LTD.401(k)

ELMWOOD COMMUNITIES 401(K) PLAN · GREEN SPRINGS, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Elmwood of Fremont, LTD. reported $2,875 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $652 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 fell from 0.16% to 0.09%. 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 (2,784th of 3,295), and 8,940th of 11,911 in health care & social assistance. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,441,989
Participants with balances129
Active participants238
Employer contributions$155,177
Employee contributions$214,620
Employer contribution per active participant$652
Average account balance$26,682
Benefits paid to participants$62,018
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 129 accts · $155K emplr
2023$2.8M · 127 accts · $148K emplr
2022$2.3M · 122 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,875
Total administrative$2,875
The Elmwood of Fremont, LTD. 401(k) match · 2024
Employer contribution per active participant$652
Median for plans this size$1,313
2024$652 per active participant
2023$644 per active participant
2022$694 per active participant

Elmwood of Fremont, LTD.'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.

Administrative cost history3
2024$2,875 · 0.09%
2023$3,070 · 0.12%
2022$3,875 · 0.16%
Similar plansHealth Care & Social Assistance · Ohio
Buckeye Home Health Care OH$3.6M · 0.76%
Community Health Alliance OH$3.6M · 0.51%
The Kemper Company OH$3.4M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341933704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.