Plan Ledger DOL Form 5500 · updated monthly

Nova Behavioral Health, Inc.401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF NOVA BEHAVIORAL HEALTH, INC. · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Nova Behavioral Health, Inc. reported $1,614 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $455 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 0.06% to 0.08%. 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 (2,994th of 3,295), and 9,896th of 11,911 in health care & social assistance. In 2024, employees put in $4.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,168,840
Participants with balances113
Active participants92
Employer contributions$41,904
Employee contributions$168,811
Employer contribution per active participant$455
Average account balance$19,193
Benefits paid to participants$161,784
Plan auditUnmodified (clean) audit opinion
AuditorMANNING AND ASSOCIATES CPA'S LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 113 accts · $42K emplr
2023$1.8M · 128 accts · $33K emplr
2022$1.5M · 147 accts · $35K emplr
The Nova Behavioral Health, Inc. 401(k) match · 2024
Employer contribution per active participant$455
Median for plans this size$1,313
2024$455 per active participant
2023$385 per active participant
2022$383 per active participant

Nova Behavioral Health, Inc.'s 2024 employer contribution ran below the $1,313 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,128

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,614 · 0.08%
2023$1,526 · 0.09%
2022$987 · 0.06%
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 311000352 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.