Plan Ledger DOL Form 5500 · updated monthly

New Horizons Mental Health Services, Inc401(k)

NEW HORIZONS MENTAL HEALTH SERVICES, INC 403(B) PLAN · LANCASTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

New Horizons Mental Health Services, Inc reported $8,480 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,903 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.

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 (3,135th of 3,295), and 10,732nd of 11,911 in health care & social assistance. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,201,528
Participants with balances55
Active participants44
Employer contributions$83,720
Employee contributions$105,217
Employer contribution per active participant$1,903
Average account balance$21,846
Benefits paid to participants$1,323,733
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,480
Total administrative$8,480
The New Horizons Mental Health Services, Inc 401(k) match · 2024
Employer contribution per active participant$1,903
Median for plans this size$1,313

New Horizons Mental Health Services, Inc's 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$5,122

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

Administrative cost history1
2024$8,480 · 0.51%
Similar plansHealth Care & Social Assistance · Ohio
Patriot Homecare, Inc. OH$1.2M · 0.06%
Bhp Management Corp. OH$1.2M · 0.82%
Connections in Ohio OH$1.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310846860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.