Plan Ledger DOL Form 5500 · updated monthly

Immediate Health Associates, Inc.401(k)

IMMEDIATE HEALTH 401(K) PLAN · WESTERVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Immediate Health Associates, Inc. reported $3,723 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,127 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 0.006% to 0.014%. 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 1,027th-largest of 3,295 plans among Ohio employers on file, and the 2,916th of 11,911 in health care & social assistance. In 2024, employees put in $2.63 for every $1.00 the employer contributed; active participation has shrunk from 95 to 85 since 2022.

Plan summary
Net assets, end of year$27,974,993
Participants with balances132
Active participants85
Employer contributions$180,765
Employee contributions$475,592
Employer contribution per active participant$2,127
Average account balance$211,932
Benefits paid to participants$5,691,361
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 132 accts · $181K emplr
2023$24.6M · 138 accts · $187K emplr
2022$20.8M · 137 accts · $188K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,723
Total administrative$3,723
The Immediate Health Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$2,127
Median for plans this size$2,416
2024$2,127 per active participant
2023$2,009 per active participant
2022$1,978 per active participant

Immediate Health Associates, 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$3,723
CHARLES SCHWAB · Custodial (securities)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$3,723 · 0.01%
2023$880 · 0.00%
2022$1,292 · 0.01%
All plans at this employer2
IMMEDIATE HEALTH 401(K) PLAN401(k)
IMMEDIATE HEALTH EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Otterbein Homes OH$28.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311204097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.