Plan Ledger DOL Form 5500 · updated monthly

Mental Health for Children, Inc.403(b)

THE CHILD CENTER 403(B) PLAN · SPRINGFIELD, OR · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Mental Health for Children, Inc. reported $192 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,434 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 0.00% to 1.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (780th of 1,021), and 8,144th of 11,911 in health care & social assistance. In 2023, the employer put in $1.60 for every $1.00 employees contributed themselves; active participation has grown from 82 to 93 since 2022.

Plan summary
Net assets, end of year$4,610,472
Participants with balances129
Active participants93
Employer contributions$226,393
Employee contributions$141,757
Employer contribution per active participant$2,434
Average account balance$35,740
Benefits paid to participants$278,430
Plan auditDisclaimer of opinion
AuditorKERNUTT STOKES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 149 accts · $256K emplr
2023$4.6M · 129 accts · $226K emplr
2022$3.9M · 161 accts · $264K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$192
Total administrative$192
Employer contributions to the Mental Health for Children, Inc. plan · 2023
Employer contribution per active participant$2,434
Median for plans this size$1,308
2024$2,310 per active participant
2023$2,434 per active participant
2022$3,216 per active participant

Mental Health for Children, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
NATIONWIDE · Recordkeeping · Insurance broker$12,532
NATIONWIDE · Recordkeeping · Insurance broker$12,197
LPL FINANCIAL LLC-RPCP · Investment management$17,122
O'CONNELL PENSION CONSULTING, INC. · Contract administrator$4,193
IRON-CO-FID-COMPREHENSIVE · Investment management$1,317

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$64,732 · 1.47%
2023$192 · 0.00%
2022$192 · 0.00%
Similar plansHealth Care & Social Assistance · Oregon
Fora Health, Inc. OR$4.4M · 0.37%
Transition Projects, Inc. OR$4.3M · 0.57%
Mv Advancements OR$4.1M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237169042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.