Plan Ledger DOL Form 5500 · updated monthly

Positive Education Program401(k)

POSITIVE EDUCATION PROGRAM RETIREMENT SAVINGS PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Positive Education Program reported $13,039 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,870 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 0.61% to 0.13%. 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 (1,982nd of 3,295), and the 5,667th of 11,911 in health care & social assistance. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,080,843
Participants with balances288
Active participants206
Employer contributions$385,183
Employee contributions$321,600
Employer contribution per active participant$1,870
Average account balance$35,003
Benefits paid to participants$1,273,645
Plan auditUnmodified (clean) audit opinion
AuditorCIUNI & PANICHI, INC
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 288 accts · $385K emplr
2023$9.5M · 263 accts · $319K emplr
2022$8.4M · 201 accts · $283K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,039
Total administrative$13,039
The Positive Education Program 401(k) match · 2024
Employer contribution per active participant$1,870
Median for plans this size$1,313
2024$1,870 per active participant
2023$1,490 per active participant
2022$1,396 per active participant

Positive Education Program'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 · 20243
NATIONWIDE · Recordkeeping · Investment advisory (participants)$22,929
MGO ONE SEVEN LLC · Recordkeeping · Consulting$6,197
MGO SECURITIES CORP · Investment advisory (participants) · 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.

Recordkeeper by year2
2024MGO ONE SEVEN LLC, Nationwide
2023MGO ONE SEVEN LLC, Nationwide

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

Administrative cost history3
2024$13,039 · 0.13%
2023$36,975 · 0.41%
2022$48,677 · 0.61%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Judson OH$10.7M · 0.08%
Luther Home of Mercy OH$10.0M · 0.00%
Eastway Corporation OH$9.9M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341127919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.