Plan Ledger DOL Form 5500 · updated monthly

Homes for Kids of Ohio Inc403(b)

HOMES FOR KIDS RETIREMENT PLAN · NILES, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Homes for Kids of Ohio Inc reported $8,537 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,691 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 has held roughly steady near 0.256%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,729th of 3,295), and 8,706th of 11,911 in health care & social assistance. In 2024, employees put in $1.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,777,713
Participants with balances236
Active participants153
Employer contributions$258,781
Employee contributions$267,585
Employer contribution per active participant$1,691
Average account balance$16,007
Benefits paid to participants$105,010
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.8M · 236 accts · $259K emplr
2023$2.9M · 179 accts · $168K emplr
Administrative expenses, itemized · 2024
Investment management$8,537
Total administrative$8,537
Employer contributions to the Homes for Kids of Ohio Inc plan · 2024
Employer contribution per active participant$1,691
Median for plans this size$1,313
2024$1,691 per active participant
2023$1,424 per active participant

Homes for Kids of Ohio Inc's 2024 employer contribution ran above the $1,313 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
COREBRIDGE FINANCIAL INC$28,095

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

Administrative cost history2
2024$8,537 · 0.26%
2023$6,738 · 0.26%
Similar plansHealth Care & Social Assistance · Ohio
Edm Management, Inc. OH$3.9M · 0.98%
R H D D Inc. OH$3.7M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341645670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.