Plan Ledger DOL Form 5500 · updated monthly

Netcare Corporation403(b)

NETCARE CORPORATION TAX DEFERRED ANNUITY PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Netcare Corporation reported $222 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $922 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 0.002% to 0.002%. 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 among the smaller plans on file in Ohio (1,803rd of 3,295), and the 5,105th of 11,911 in health care & social assistance. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 206 to 264 since 2022.

Plan summary
Net assets, end of year$12,176,640
Participants with balances159
Active participants264
Employer contributions$243,478
Employee contributions$427,599
Employer contribution per active participant$922
Average account balance$76,583
Benefits paid to participants$1,493,921
Plan auditUnmodified (clean) audit opinion
AuditorSCHNEIDER DOWNS & CO
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 159 accts · $243K emplr
2023$11.1M · 152 accts · $217K emplr
2022$7.5M · 134 accts · $193K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$222
Total administrative$222
Employer contributions to the Netcare Corporation plan · 2024
Employer contribution per active participant$922
Median for plans this size$2,416
2024$922 per active participant
2023$919 per active participant
2022$936 per active participant

Netcare Corporation's 2024 employer contribution ran below the $2,416 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 · 20241
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$747

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$222 · 0.00%
2023$93 · 0.00%
2022$123 · 0.00%
All plans at this employer2
NETCARE CORPORATION EMPLOYEE RETIREMENT PROGRAMProfit-sharing plan
NETCARE CORPORATION TAX DEFERRED ANNUITY PLAN403(b)
Same employer
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The Nord Center OH$13.0M · 0.88%
Beech Brook OH$12.9M · 0.34%
Transcon Builders, Inc. OH$12.2M · 0.71%
Heinzerling Community OH$12.0M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310814079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.