Plan Ledger DOL Form 5500 · updated monthly

Morning View Care Center Community Services401(k)

MORNING VIEW CARE CENTER 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
2.28%

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

Morning View Care Center Community Services reported $29,808 in plan administrative expenses for 2024: 2.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $493 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 2.06% to 2.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (3,079th of 3,295), and 10,438th of 11,911 in health care & social assistance. In 2024, employees put in $3.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,537,535
Participants with balances237
Active participants220
Employer contributions$108,530
Employee contributions$360,550
Employer contribution per active participant$493
Average account balance$6,487
Benefits paid to participants$117,695
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 237 accts · $109K emplr
2023$1.1M · 202 accts
2022$696K · 226 accts · $125K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,841
Investment management$6,967
Total administrative$29,808
The Morning View Care Center Community Services 401(k) match · 2024
Employer contribution per active participant$493
Median for plans this size$1,313
2024$493 per active participant
2022$587 per active participant

Morning View Care Center Community Services's 2024 employer contribution ran below the $1,313 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
JULY BUSINESS SERVICES · Recordkeeping$22,841
MEEDER INVESTMENT MANAGEMENT · Investment advisory (plan)$6,967

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$29,808 · 2.28%
2023$19,710 · 2.22%
2022$11,716 · 2.06%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Vrable Healthcare, Inc. OH$1.7M · 1.22%
Lifecare Investments, Inc. OH$1.6M · 11.35%
Zandex, Inc. OH$1.5M
Frontline National LLC OH$1.4M · 2.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262811146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.