Plan Ledger DOL Form 5500 · updated monthly

Jag Healthcare, Inc.401(k)

JAG HEALTHCARE, INC. 401K PLAN · ROCKY RIVER, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Jag Healthcare, Inc. reported $3,279 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $301 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 fell from 0.32% to 0.08%. 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 (2,613th of 3,295), and 8,219th of 11,911 in health care & social assistance. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has grown from 397 to 495 since 2022.

Plan summary
Net assets, end of year$4,497,734
Participants with balances449
Active participants495
Employer contributions$149,134
Employee contributions$493,951
Employer contribution per active participant$301
Average account balance$10,017
Benefits paid to participants$291,612
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 449 accts · $149K emplr
2023$3.7M · 440 accts · $134K emplr
2022$2.9M · 437 accts · $134K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,279
Total administrative$3,279
The Jag Healthcare, Inc. 401(k) match · 2024
Employer contribution per active participant$301
Median for plans this size$1,313
2024$301 per active participant
2023$341 per active participant
2022$338 per active participant

Jag Healthcare, Inc.'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 · 20242
ADP, INC. · Loan processing · Recordkeeping$3,283
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,279 · 0.08%
2023$3,479 · 0.11%
2022$9,790 · 0.32%
Similar plansHealth Care & Social Assistance · Ohio
The Village at Marymount OH$4.5M · 0.12%
Beechwood Home OH$4.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272795645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.