Minamyer Residential Care Services, Inc.401(k)
MINAMYER RESIDENTIAL 401(K) PLAN · WORTHINGTON, OH · plan year 2021
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Minamyer Residential Care Services, Inc. reported $24,962 in plan administrative expenses for 2021: 1.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $649 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 289 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (3,047th of 3,295), and 10,240th of 11,911 in health care & social assistance. In 2021, employees put in $1.90 for every $1.00 the employer contributed.
Minamyer Residential Care Services, Inc.'s 2021 employer contribution ran below the $994 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.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 300045265 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.