Plan Ledger DOL Form 5500 · updated monthly

Harbor, Inc.403(b)

HARBOR 403(B) PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Harbor, Inc. reported $81,285 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,372 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 0.401%. 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 the 1,259th-largest of 3,295 plans among Ohio employers on file, and the 3,521st of 11,911 in health care & social assistance. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,283,746
Participants with balances345
Active participants504
Employer contributions$691,249
Employee contributions$1,107,588
Employer contribution per active participant$1,372
Average account balance$61,692
Benefits paid to participants$2,001,477
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 345 accts · $691K emplr
2023$19.2M · 317 accts · $603K emplr
2022$16.8M · 333 accts · $681K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,285
Total administrative$81,285
Employer contributions to the Harbor, Inc. plan · 2024
Employer contribution per active participant$1,372
Median for plans this size$2,416
2024$1,372 per active participant
2023$1,166 per active participant
2022$1,483 per active participant

Harbor, Inc.'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$81,284
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)indirect comp

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$81,285 · 0.40%
2023$73,842 · 0.41%
2022$72,897 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Network for Life OH$21.9M · 0.40%
Alliance Community Hospital OH$21.7M · 0.42%
Madison Health OH$21.6M · 0.56%
Vancrest Management Corp. OH$20.6M · 0.57%
South Community Inc. OH$20.2M · 0.52%
The Buckeye Ranch OH$19.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344434924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.