Family Resource Center of Nort401(k)
403(B) THRIFT PLAN OF FAMILY RESOURCE CENTER OF NORTHWEST OHIO, INC. · LIMA, OH · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Family Resource Center of Nort reported $634 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $477 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Ohio (2,708th of 3,295), and 4,527th of 4,798 in finance & insurance. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has shrunk from 232 to 192 since 2022.
Family Resource Center of Nort's 2024 employer contribution ran below the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 341475943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.