Plan Ledger DOL Form 5500 · updated monthly

National Church Residences,Inc.Profit-sharing plan

NATIONAL CHURCH RESIDENCES 3-4-5 401(A) RETIREMENT PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

National Church Residences,Inc. reported $206,066 in plan administrative expenses for 2024: 0.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,728 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 0.28% to 0.36%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 568th-largest of 3,295 plans among Ohio employers on file, and the 1,617th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$59,862,833
Participants with balances3,018
Active participants2,496
Employer contributions$6,808,816
Employee contributions—
Employer contribution per active participant$2,728
Average account balance$19,835
Benefits paid to participants$8,442,823
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.9M · 3,018 accts · $6.8M emplr
2023$55.1M · 2,850 accts · $7.1M emplr
2022$45.7M · 2,855 accts · $7.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,666
Investment management$37,500
Audit (IQPA)$7,900
Total administrative$206,066
Employer contributions to the National Church Residences,Inc. plan · 2024
Employer contribution per active participant$2,728
Median for plans this size$3,635
2024$2,728 per active participant
2023$3,148 per active participant
2022$3,090 per active participant

National Church Residences,Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
LINCOLN FINANCIAL GROUP · Contract administrator$160,666
HIGHLAND CONSULTING · Pension consulting$37,500
PLANTE & MORAN PLLC · Accounting / audit$7,900

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$206,066 · 0.36%
2023$187,069 · 0.37%
2022$137,524 · 0.28%
All plans at this employer2
NATIONAL CHURCH RESIDENCES 3-4-5 401(A) RETIREMENT PLANProfit-sharing plan
NATIONAL CHURCH RESIDENCES 403(B) SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Ohio Anesthesia Group, Inc. OH$62.1M · 0.59%
Tsg Resources, Inc. OH$60.9M · 0.87%
Fortec Medical, Inc. OH$59.3M · 0.08%
Dayton Physicians, LLC OH$59.2M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 310651750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.