Plan Ledger DOL Form 5500 · updated monthly

Network for Life401(k)

NETWORK FOR LIFE 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Network for Life reported $78,814 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. 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 0.37% to 0.40%. 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 1,242nd-largest of 3,295 plans among Ohio employers on file, and the 3,457th of 11,911 in health care & social assistance. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 250 to 350 since 2022.

Plan summary
Net assets, end of year$21,867,011
Participants with balances446
Active participants350
Employer contributions$954,664
Employee contributions$2,233,553
Employer contribution per active participant$2,728
Average account balance$49,029
Benefits paid to participants$1,675,256
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 446 accts · $955K emplr
2023$17.9M · 414 accts · $1.0M emplr
2022$14.4M · 337 accts · $576K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,273
Investment management$39,541
Total administrative$78,814
The Network for Life 401(k) match · 2024
Employer contribution per active participant$2,728
Median for plans this size$2,416
2024$2,728 per active participant
2023$3,358 per active participant
2022$2,304 per active participant

Network for Life's 2024 employer contribution ran above 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$39,273
EVERHART ADVISORS · Consulting · Insurance services$39,541

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$78,814 · 0.40%
2023$61,054 · 0.38%
2022$56,159 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Alliance Community Hospital OH$21.7M · 0.42%
Madison Health OH$21.6M · 0.56%
Harbor, Inc. OH$21.3M · 0.40%
Vancrest Management Corp. OH$20.6M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 454472492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.