Plan Ledger DOL Form 5500 · updated monthly

Life Line Screening of America401(k)

LIFE LINE SCREENING 401(K) RETIREMENT SAVINGS PLAN · INDEPENDENCE, OH · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Life Line Screening of America reported $126,329 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $875 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 0.74% to 0.58%. 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 1,168th-largest of 3,295 plans among Ohio employers on file, and the 3,277th of 11,911 in health care & social assistance. In 2024, employees put in $3.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,776,375
Participants with balances1,035
Active participants838
Employer contributions$733,065
Employee contributions$2,469,865
Employer contribution per active participant$875
Average account balance$22,972
Benefits paid to participants$2,129,691
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.8M · 1,035 accts · $733K emplr
2023$20.1M · 996 accts · $700K emplr
2022$16.3M · 1,042 accts · $675K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,329
Total administrative$126,329
The Life Line Screening of America 401(k) match · 2024
Employer contribution per active participant$875
Median for plans this size$2,416
2024$875 per active participant
2023$872 per active participant
2022$845 per active participant

Life Line Screening of America's 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$91,803
GALLAGHER BENEFIT SERVICES · Recordkeeping · Trustee$34,523
ADP BROKER-DEALERindirect 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, GALLAGHER BENEFIT SERVICES
2023ADP, UBS

This plan has changed recordkeepers within these filings. If you left Life Line Screening of America before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$126,329 · 0.58%
2023$124,980 · 0.69%
2022$136,106 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Community Health Care, Inc. OH$25.2M · 0.12%
Brightview, LLC OH$24.7M · 0.98%
Hospice of Northwest Ohio OH$24.6M · 0.41%
The Village Network OH$23.5M · 0.43%
Life Enriching Communities OH$23.5M · 0.03%
Healthspan Partners OH$23.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341839775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.