Plan Ledger DOL Form 5500 · updated monthly

Miami Valley Child Development Centers, Inc.401(k)

MIAMI VALLEY CHILD DEVELOPMENT CENTERS, INC. 401(K) PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Miami Valley Child Development Centers, Inc. reported $162,119 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,557 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 0.40% to 0.57%. 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 the 1,006th-largest of 3,295 plans among Ohio employers on file, and the 2,842nd of 11,911 in health care & social assistance. In 2024, the employer put in $5.75 for every $1.00 employees contributed themselves; active participation has shrunk from 468 to 395 since 2022.

Plan summary
Net assets, end of year$29,094,209
Participants with balances643
Active participants395
Employer contributions$1,800,000
Employee contributions$313,051
Employer contribution per active participant$4,557
Average account balance$45,248
Benefits paid to participants$4,325,029
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, SCHAEFFER, HACKET & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$29.1M · 643 accts · $1.8M emplr
2023$28.0M · 686 accts · $1.8M emplr
2022$24.5M · 668 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$162,119
Total administrative$162,119
The Miami Valley Child Development Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$4,557
Median for plans this size$2,416
2024$4,557 per active participant
2023$3,805 per active participant
2022$3,846 per active participant

Miami Valley Child Development Centers, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NEWPORT GROUP, INC. · Recordkeeping$84,787
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$68,751
NEWPORT TRUST COMPANY · Trustee$8,581

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$162,119 · 0.57%
2023$123,417 · 0.47%
2022$107,600 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Guernsey Health Systems OH$29.6M · 0.30%
Otterbein Homes OH$28.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310713127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.