Plan Ledger DOL Form 5500 · updated monthly

PLC Employee II LLC.401(k)

PRIORITY LIFE CARE 401K SAVINGS PLAN · WINTERSVILLE, OH · plan year 2023

Reported admin expense ratio · 2023
0.73%

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

PLC Employee II LLC. reported $40,091 in plan administrative expenses for 2023: 0.73% of average plan assets, above the peer median. Employer contributions averaged $89 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 3 years on file its reported administrative ratio has held roughly steady near 0.71%. 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 (2,390th of 3,295), and 7,227th of 11,911 in health care & social assistance. In 2023, employees put in $3.71 for every $1.00 the employer contributed; active participation has grown from 1,955 to 2,553 since 2022.

Plan summary
Net assets, end of year$6,256,058
Participants with balances305
Active participants2,553
Employer contributions$228,493
Employee contributions$848,089
Employer contribution per active participant$89
Average account balance$20,512
Benefits paid to participants$857,745
Plan auditUnmodified (clean) audit opinion
AuditorHAINES, ISENBARGER, & SKIBA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$239K · 24 accts · $127K emplr
2023$6.3M · 305 accts · $228K emplr
2022$4.8M · 282 accts · $141K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,091
Total administrative$40,091
The PLC Employee II LLC. 401(k) match · 2023
Employer contribution per active participant$89
Median for plans this size$1,308
2024$37 per active participant
2023$89 per active participant
2022$72 per active participant

PLC Employee II LLC.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$40,091

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$23,168 · 0.71%
2023$40,091 · 0.73%
2022$34,346 · 0.69%
Similar plansHealth Care & Social Assistance · Ohio
Leaderstat, LLC OH$6.3M · 0.42%
Gentlebrook OH$6.2M · 0.06%
Alvis, Inc. OH$6.2M · 1.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842654243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.