Plan Ledger DOL Form 5500 · updated monthly

People Working Cooperatively, Inc.401(k)

PEOPLE WORKING COOPERATIVELY, INC. 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

People Working Cooperatively, Inc. reported $40,766 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,757 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 0.36% to 0.44%. 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 (2,058th of 3,295), and the 5,947th of 11,911 in health care & social assistance. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 108 to 121 since 2022.

Plan summary
Net assets, end of year$9,292,871
Participants with balances136
Active participants121
Employer contributions$212,593
Employee contributions$434,012
Employer contribution per active participant$1,757
Average account balance$68,330
Benefits paid to participants$1,540,764
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 136 accts · $213K emplr
2023$9.1M · 126 accts · $194K emplr
2022$7.6M · 128 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,224
Investment management$13,542
Total administrative$40,766
The People Working Cooperatively, Inc. 401(k) match · 2024
Employer contribution per active participant$1,757
Median for plans this size$1,313
2024$1,757 per active participant
2023$1,845 per active participant
2022$1,582 per active participant

People Working Cooperatively, 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,223
PNC BANK NA · Pension consulting · Investment advisory (plan)$14,536

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$40,766 · 0.44%
2023$42,250 · 0.51%
2022$30,093 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Memorial Medical Group OH$9.5M · 0.01%
Life Connection of Ohio OH$9.4M · 0.65%
One Health Ohio OH$9.2M · 0.67%
Maryhaven Inc. OH$8.9M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310859104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.