Plan Ledger DOL Form 5500 · updated monthly

Hcf Management, Inc.401(k)

HCF MANAGEMENT, INC. RETIREMENT INCENTIVE SAVINGS PLAN · LIMA, OH · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Hcf Management, Inc. reported $240,912 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $263 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 0.31% to 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 626th-largest of 3,295 plans among Ohio employers on file, and the 1,778th of 11,911 in health care & social assistance. In 2024, employees put in $6.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,090,122
Participants with balances3,417
Active participants1,727
Employer contributions$454,833
Employee contributions$2,851,589
Employer contribution per active participant$263
Average account balance$15,537
Benefits paid to participants$10,209,587
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.1M · 3,417 accts · $455K emplr
2023$53.0M · 3,324 accts · $537K emplr
2022$46.4M · 3,484 accts · $568K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,112
Investment management$102,600
Audit (IQPA)$31,200
Total administrative$240,912
The Hcf Management, Inc. 401(k) match · 2024
Employer contribution per active participant$263
Median for plans this size$3,635
2024$263 per active participant
2023$309 per active participant
2022$343 per active participant

Hcf Management, Inc.'s 2024 employer contribution ran below the $3,635 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.

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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$80,399
CLARK SCHAEFER HACKETT & CO · Accounting / audit$31,200
EMPOWER ADVISORY GROUP, LLC · Investment management$22,201

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$240,912 · 0.45%
2023$163,365 · 0.33%
2022$162,452 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Dayton Physicians, LLC OH$59.2M · 0.25%
Knox Community Hospital OH$52.5M · 0.13%
The Bellevue Hospital OH$50.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200085606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.