Plan Ledger DOL Form 5500 · updated monthly

Mental Health Services for Homeless Persons, Inc.403(b)

FRONTLINE SERVICE RETIREMENT PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Mental Health Services for Homeless Persons, Inc. reported $77,571 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. 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 fell from 0.81% to 0.74%. 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 among the smaller plans on file in Ohio (1,895th of 3,295), and the 5,392nd of 11,911 in health care & social assistance. In 2024, employees put in $4.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,141,877
Participants with balances241
Active participants307
Employer contributions$156,269
Employee contributions$660,405
Employer contribution per active participant$509
Average account balance$46,232
Benefits paid to participants$803,716
Plan auditUnmodified (clean) audit opinion
AuditorBOBER, MARKEY, FEDOROVICH AND CO
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 241 accts · $156K emplr
2023$9.8M · 253 accts · $181K emplr
2022$8.7M · 297 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,679
Investment management$23,892
Total administrative$77,571
Employer contributions to the Mental Health Services for Homeless Persons, Inc. plan · 2024
Employer contribution per active participant$509
Median for plans this size$2,416
2024$509 per active participant
2023$556 per active participant
2022$680 per active participant

Mental Health Services for Homeless Persons, Inc.'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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$53,678
EVERHART ADVISORS · Investment advisory (plan)$23,892

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$77,571 · 0.74%
2023$79,074 · 0.85%
2022$74,552 · 0.81%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Arc Health Opco, LLC OH$11.5M · 0.26%
Five Rivers Health Centers OH$11.3M · 0.69%
Easter Seals Tristate LLC OH$11.2M · 0.63%
Child Focus, Inc. OH$10.7M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341607734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.