North Ohio Heart Center, Inc.401(k)
NORTH OHIO HEART CENTER, INC. 401(K) SAVINGS PLAN · ELYRIA, OH · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
North Ohio Heart Center, Inc. reported $60,945 in plan administrative expenses for 2022: 0.36% of average plan assets, above the peer median. Employer contributions averaged $2,263 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,585th-largest of 3,295 plans among Ohio employers on file, and the 4,457th of 11,911 in health care & social assistance. In 2022, employees put in $1.49 for every $1.00 the employer contributed.
North Ohio Heart Center, Inc.'s 2022 employer contribution ran below the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 341221800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.