Plan Ledger DOL Form 5500 · updated monthly

Horizon Activities Centers403(b)

HORIZON ACTIVITIES CENTERS 403(B) DC PLAN · NORTH OLMSTED, OH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Horizon Activities Centers reported $1,800 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $636 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 0.03% to 0.05%. 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 (2,634th of 3,295), and 8,306th of 11,911 in health care & social assistance. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves; active participation has grown from 400 to 445 since 2022.

Plan summary
Net assets, end of year$4,343,726
Participants with balances271
Active participants445
Employer contributions$283,232
Employee contributions$226,723
Employer contribution per active participant$636
Average account balance$16,029
Benefits paid to participants$187,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 271 accts · $283K emplr
2023$3.6M · 256 accts · $278K emplr
2022$2.9M · 218 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,800
Total administrative$1,800
The Horizon Activities Centers 401(k) match · 2024
Employer contribution per active participant$636
Median for plans this size$1,313
2024$636 per active participant
2023$653 per active participant
2022$588 per active participant

Horizon Activities Centers's 2024 employer contribution ran below the $1,313 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 · 20241
TIAA · Recordkeeping$1,800

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$1,800 · 0.05%
2023$1,025 · 0.03%
2022$825 · 0.03%
Similar plansHealth Care & Social Assistance · Ohio
Levering Management Inc. OH$4.4M · 0.38%
Kling Partners Inc. OH$4.4M · 0.02%
Hillandale Communities OH$4.3M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341267458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.