Plan Ledger DOL Form 5500 · updated monthly

Ohio District 5 Area Agency on Aging403(b)

OHIO DISTRICT 5 AREA AGENCY ON AGING 403B RETIREMENT PLAN · ONTARIO, OH · plan year 2023

Reported admin expense ratio · 2023
1.70%

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

Ohio District 5 Area Agency on Aging reported $45,435 in plan administrative expenses for 2023: 1.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,324 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 fell from 1.60% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,871st of 3,295), and 9,294th of 11,911 in health care & social assistance. In 2023, employees put in $1.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,957,274
Participants with balances139
Active participants130
Employer contributions$172,104
Employee contributions$196,360
Employer contribution per active participant$1,324
Average account balance$21,275
Benefits paid to participants$175,040
Plan auditUnmodified (clean) audit opinion
AuditorHOLBROOK & MANTER, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 153 accts · $169K emplr
2023$3.0M · 139 accts · $172K emplr
2022$2.4M · 140 accts · $156K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,435
Total administrative$45,435
Employer contributions to the Ohio District 5 Area Agency on Aging plan · 2023
Employer contribution per active participant$1,324
Median for plans this size$1,308
2024$1,522 per active participant
2023$1,324 per active participant
2022$1,254 per active participant

Ohio District 5 Area Agency on Aging's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
NATIONWIDE · Recordkeeping$39,141
EDWARD D. A. SOMMER · Investment advisory (plan) · Investment management$5,793
OPOC.US · Contract administrator$500
LINCOLN NATIONAL CORPORATION · Contract administrator$125
SECURITIES AMERICAN, INC. · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$5,254 · 0.18%
2023$45,435 · 1.70%
2022$42,062 · 1.60%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Recovery Resources OH$2.9M · 0.91%
Welcome House Inc. OH$2.9M · 0.02%
Grace Hospital OH$2.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341617183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.