Plan Ledger DOL Form 5500 · updated monthly

Heinzerling Community403(b)

HEINZERLING COMMUNITY 403(B) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Heinzerling Community reported $64,007 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $800 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 0.53% to 0.57%. 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 (1,820th of 3,295), and the 5,142nd of 11,911 in health care & social assistance. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has grown from 344 to 466 since 2022.

Plan summary
Net assets, end of year$12,035,376
Participants with balances255
Active participants466
Employer contributions$372,916
Employee contributions$758,064
Employer contribution per active participant$800
Average account balance$47,198
Benefits paid to participants$830,252
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE MORAN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 255 accts · $373K emplr
2023$10.5M · 256 accts · $324K emplr
2022$8.5M · 153 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,007
Total administrative$64,007
Employer contributions to the Heinzerling Community plan · 2024
Employer contribution per active participant$800
Median for plans this size$2,416
2024$800 per active participant
2023$730 per active participant
2022$956 per active participant

Heinzerling Community'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,007
NFP RETIREMENT INC. · 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$64,007 · 0.57%
2023$51,429 · 0.54%
2022$53,747 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Netcare Corporation OH$12.2M · 0.00%
Transcon Builders, Inc. OH$12.2M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310668084 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.