Plan Ledger DOL Form 5500 · updated monthly

Lorain County Health & Dentistry401(k)

LORAIN COUNTY HEALTH & DENTISTRY 401(K) PLAN · LORAIN, OH · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Lorain County Health & Dentistry reported $850 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,445 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,682nd of 3,295), and 8,526th of 11,911 in health care & social assistance. In 2022, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,033,328
Participants with balances76
Active participants112
Employer contributions$161,801
Employee contributions$371,642
Employer contribution per active participant$1,445
Average account balance$53,070
Benefits paid to participants$97,843
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES, INC.
The Lorain County Health & Dentistry 401(k) match · 2022
Employer contribution per active participant$1,445
Median for plans this size$1,114

Lorain County Health & Dentistry's 2022 employer contribution ran above the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$850 · 0.02%
Similar plansHealth Care & Social Assistance · Ohio
Leads, Inc OH$4.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341957404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.