Plan Ledger DOL Form 5500 · updated monthly

Five Rivers Health Centers401(k)

FIVE RIVERS HEALTH CENTERS 401(K) PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Five Rivers Health Centers reported $71,447 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,837 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 0.75% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (1,879th of 3,295), and the 5,341st of 11,911 in health care & social assistance. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has grown from 266 to 299 since 2022.

Plan summary
Net assets, end of year$11,342,399
Participants with balances318
Active participants299
Employer contributions$549,410
Employee contributions$986,833
Employer contribution per active participant$1,837
Average account balance$35,668
Benefits paid to participants$652,116
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 318 accts · $549K emplr
2023$9.2M · 223 accts · $496K emplr
2022$8.0M · 262 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,447
Total administrative$71,447
The Five Rivers Health Centers 401(k) match · 2024
Employer contribution per active participant$1,837
Median for plans this size$2,416
2024$1,837 per active participant
2023$1,649 per active participant
2022$1,691 per active participant

Five Rivers Health Centers's 2024 employer contribution ran below the $2,416 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
LINCOLN NATIONAL CORPORATION · Contract administrator$71,448

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$71,447 · 0.69%
2023$62,904 · 0.73%
2022$61,917 · 0.75%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Arc Health Opco, LLC OH$11.5M · 0.26%
Easter Seals Tristate LLC OH$11.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450914398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.