Plan Ledger DOL Form 5500 · updated monthly

Lionstone Care, LLC401(k)

LIONSTONE CARE 401K PLAN · SHAKER HEIGHTS, OH · plan year 2024

Reported admin expense ratio · 2024
2.70%

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

Lionstone Care, LLC reported $52,853 in plan administrative expenses for 2024: 2.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $79 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 2.90% to 2.70%. 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 (2,970th of 3,295), and 9,781st of 11,911 in health care & social assistance. In 2024, employees put in $4.01 for every $1.00 the employer contributed; active participation has grown from 1,195 to 2,014 since 2022.

Plan summary
Net assets, end of year$2,324,781
Participants with balances577
Active participants2,014
Employer contributions$159,792
Employee contributions$640,010
Employer contribution per active participant$79
Average account balance$4,029
Benefits paid to participants$297,027
Plan auditUnmodified (clean) audit opinion
AuditorRW CORWIN & COMPANY,
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 577 accts · $160K emplr
2023$1.6M · 388 accts · $90K emplr
2022$920K · 302 accts · $63K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,504
Investment management$349
Total administrative$52,853
The Lionstone Care, LLC 401(k) match · 2024
Employer contribution per active participant$79
Median for plans this size$1,313
2024$79 per active participant
2023$67 per active participant
2022$53 per active participant

Lionstone Care, LLC'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.

Administrative cost history3
2024$52,853 · 2.70%
2023$38,746 · 3.09%
2022$21,608 · 2.90%
Similar plansHealth Care & Social Assistance · Ohio
St. Joseph Care Center OH$2.3M · 1.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824561652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.