Plan Ledger DOL Form 5500 · updated monthly

Lifecare Alliance403(b)

LIFECARE ALLIANCE 403(B) RETIREMENT PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Lifecare Alliance reported $19,309 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $509 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 0.35% to 0.38%. 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 (2,504th of 3,295), and 7,752nd of 11,911 in health care & social assistance. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,288,082
Participants with balances232
Active participants276
Employer contributions$140,382
Employee contributions$401,036
Employer contribution per active participant$509
Average account balance$22,793
Benefits paid to participants$782,442
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 232 accts · $140K emplr
2023$4.9M · 228 accts · $127K emplr
2022$4.3M · 234 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,246
Investment management$17,063
Total administrative$19,309
Employer contributions to the Lifecare Alliance plan · 2024
Employer contribution per active participant$509
Median for plans this size$1,313
2024$509 per active participant
2023$471 per active participant
2022$486 per active participant

Lifecare Alliance'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
EVERHART FINANCIAL GROUP · Investment advisory (plan)$17,063

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$19,309 · 0.38%
2023$17,278 · 0.37%
2022$16,709 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
The Wesley Communities OH$5.6M · 0.59%
Sjo Kids, Inc. OH$5.3M · 0.79%
Compdrug, Inc. OH$5.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314379494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.