Plan Ledger DOL Form 5500 · updated monthly

Muskingum Valley Health Center401(k)

MUSKINGUM VALLEY HEALTH CENTER 401(K) PROFIT SHARING PLAN · ZANESVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Muskingum Valley Health Center reported $90,755 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,850 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 0.35% to 0.43%. 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 1,200th-largest of 3,295 plans among Ohio employers on file, and the 3,337th of 11,911 in health care & social assistance. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,054,719
Participants with balances662
Active participants553
Employer contributions$1,023,080
Employee contributions$1,727,014
Employer contribution per active participant$1,850
Average account balance$34,826
Benefits paid to participants$2,596,575
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 662 accts · $1.0M emplr
2023$19.5M · 611 accts · $984K emplr
2022$15.0M · 570 accts · $874K emplr
The Muskingum Valley Health Center 401(k) match · 2024
Employer contribution per active participant$1,850
Median for plans this size$2,416
2024$1,850 per active participant
2023$1,826 per active participant
2022$1,703 per active participant

Muskingum Valley Health Center's 2024 employer contribution ran below the $2,416 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.

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 · 20241
PEOPLES BANK · Pension consulting · Trustee (directed)$90,755

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

Administrative cost history3
2024$90,755 · 0.43%
2023$77,183 · 0.45%
2022$53,512 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
The Village Network OH$23.5M · 0.43%
Life Enriching Communities OH$23.5M · 0.03%
Healthspan Partners OH$23.4M · 0.03%
Network for Life OH$21.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208814374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.