Plan Ledger DOL Form 5500 · updated monthly

Northeast Care Center, Inc.403(b)

NORTHEAST CARE CENTER 403(B) EMPLOYEE SAVINGS AND PENSION PLAN · NORTH ROYALTON, OH · plan year 2022

Reported admin expense ratio · 2022
0.41%

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

Northeast Care Center, Inc. reported $9,365 in plan administrative expenses for 2022: 0.41% of average plan assets, below the peer median. Employer contributions averaged $231 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 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,999th of 3,295), and 9,930th of 11,911 in health care & social assistance. In 2022, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,140,560
Participants with balances84
Active participants310
Employer contributions$71,671
Employee contributions$180,961
Employer contribution per active participant$231
Average account balance$25,483
Benefits paid to participants$118,912
Plan auditQualified audit opinion
AuditorHW&CO. CPAS & ADVISORS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,865
Investment management$7,500
Total administrative$9,365
Employer contributions to the Northeast Care Center, Inc. plan · 2022
Employer contribution per active participant$231
Median for plans this size$1,114

Northeast Care Center, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,365 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Dearth Management, Inc. OH$2.1M · 0.06%
Syntero OH$2.1M · 1.33%
Slovene Home for the Aged OH$2.1M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710914784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.