Plan Ledger DOL Form 5500 · updated monthly

Ivim Health401(k)

IVIM 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Ivim Health reported $4,346 in plan administrative expenses for 2024: 0.69% of average plan assets, below the peer median. Employer contributions averaged $1,745 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (3,196th of 3,295), and 11,241st of 11,911 in health care & social assistance. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$630,578
Participants with balances110
Active participants124
Employer contributions$216,440
Employee contributions$333,027
Employer contribution per active participant$1,745
Average account balance$5,733
Benefits paid to participants$2,204
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,919
Investment management$427
Total administrative$4,346
The Ivim Health 401(k) match · 2024
Employer contribution per active participant$1,745
Median for plans this size$540

Ivim Health's 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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.

Administrative cost history1
2024$4,346 · 0.69%
Same employer
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Bittersweet, Inc. OH$652K · 0.56%
Tech Medical Inc OH$561K · 2.50%
First Care Ohio, LLC. OH$516K · 1.24%
H&G Nursing Homes, Inc OH$442K · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881771542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.