Plan Ledger DOL Form 5500 · updated monthly

Health Care Management Group401(k)

HEALTH CARE MANAGEMENT GROUP RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Health Care Management Group reported $83,226 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $71 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 0.79% to 0.73%. 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 (1,856th of 3,295), and the 5,264th of 11,911 in health care & social assistance. In 2024, employees put in $13.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,579,778
Participants with balances531
Active participants870
Employer contributions$61,690
Employee contributions$826,837
Employer contribution per active participant$71
Average account balance$21,807
Benefits paid to participants$2,353,622
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 531 accts · $62K emplr
2023$11.2M · 532 accts · $58K emplr
2022$9.4M · 530 accts · $57K emplr
The Health Care Management Group 401(k) match · 2024
Employer contribution per active participant$71
Median for plans this size$2,416
2024$71 per active participant
2023$64 per active participant
2022$67 per active participant

Health Care Management Group's 2024 employer contribution ran below the $2,416 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$10,828
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$29,931

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$83,226 · 0.73%
2023$74,034 · 0.72%
2022$85,166 · 0.79%
Similar plansHealth Care & Social Assistance · Ohio
Heinzerling Community OH$12.0M · 0.57%
Arc Health Opco, LLC OH$11.5M · 0.26%
Five Rivers Health Centers OH$11.3M · 0.69%
Easter Seals Tristate LLC OH$11.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311372417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.