Plan Ledger DOL Form 5500 · updated monthly

Hopewell Health Centers, Inc.401(k)

HOPEWELL HEALTH CENTERS, INC. RETIREMENT PLAN · CHILLICOTHE, OH · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Hopewell Health Centers, Inc. reported $131,954 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,571 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 0.36% to 0.38%. 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 833rd-largest of 3,295 plans among Ohio employers on file, and the 2,378th of 11,911 in health care & social assistance. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,969,967
Participants with balances677
Active participants711
Employer contributions$1,117,198
Employee contributions$2,171,250
Employer contribution per active participant$1,571
Average account balance$54,609
Benefits paid to participants$3,118,247
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$37.0M · 677 accts · $1.1M emplr
2023$32.5M · 696 accts · $1.1M emplr
2022$26.3M · 642 accts · $973K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,954
Total administrative$131,954
The Hopewell Health Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,571
Median for plans this size$2,416
2024$1,571 per active participant
2023$1,386 per active participant
2022$1,390 per active participant

Hopewell Health Centers, Inc.'s 2024 employer contribution ran below 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 · 20242
JOHN HANCOCK USA · Recordkeeping$2,802
WILSHIRE ASSOCIATES INC · Investment advisory (participants)$6,963

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$131,954 · 0.38%
2023$108,979 · 0.37%
2022$100,549 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Cora Health Services, Inc. OH$36.4M · 0.92%
Orthounited, Inc. OH$34.7M · 0.18%
Salem Community Hospital OH$34.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311155352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.