Plan Ledger DOL Form 5500 · updated monthly

Healthsource of Ohio, Inc.Profit-sharing plan

HEALTHSOURCE OF OHIO PROFIT SHARING PLAN · LOVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Healthsource of Ohio, Inc. reported $38,774 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,500 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 0.23%. 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 1,439th-largest of 3,295 plans among Ohio employers on file, and the 4,006th of 11,911 in health care & social assistance. active participation has grown from 346 to 419 since 2022.

Plan summary
Net assets, end of year$17,835,465
Participants with balances485
Active participants419
Employer contributions$1,466,606
Employee contributions$0
Employer contribution per active participant$3,500
Average account balance$36,774
Benefits paid to participants$1,763,707
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 485 accts · $1.5M emplr
2023$16.3M · 424 accts · $1.1M emplr
2022$14.1M · 378 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,864
Investment management$3,910
Total administrative$38,774
Employer contributions to the Healthsource of Ohio, Inc. plan · 2024
Employer contribution per active participant$3,500
Median for plans this size$2,416
2024$3,500 per active participant
2023$2,747 per active participant
2022$3,461 per active participant

Healthsource of Ohio, Inc.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,864

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$38,774 · 0.23%
2023$33,887 · 0.22%
2022$36,954 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
O'Neill Management, LLC OH$18.1M · 0.39%
Windsor House, Inc. OH$17.9M · 0.41%
Equitas Health OH$17.9M · 0.80%
Lifebanc, Inc. OH$17.2M · 0.35%
Henry County Hospital, Inc. OH$16.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310884250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.