Plan Ledger DOL Form 5500 · updated monthly

Psa 3 Agency on Aging, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF PSA 3 AGENCY ON AGING, INC. · LIMA, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Psa 3 Agency on Aging, Inc. reported $9,974 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $758 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 0.04% to 0.27%. 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 (2,673rd of 3,295), and 8,492nd of 11,911 in health care & social assistance. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has grown from 135 to 182 since 2022.

Plan summary
Net assets, end of year$4,089,172
Participants with balances138
Active participants182
Employer contributions$137,926
Employee contributions$180,950
Employer contribution per active participant$758
Average account balance$29,632
Benefits paid to participants$36,278
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 138 accts · $138K emplr
2023$3.3M · 158 accts · $123K emplr
2022$2.8M · 140 accts · $206K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,974
Total administrative$9,974
The Psa 3 Agency on Aging, Inc. 401(k) match · 2024
Employer contribution per active participant$758
Median for plans this size$1,313
2024$758 per active participant
2023$708 per active participant
2022$1,529 per active participant

Psa 3 Agency on Aging, Inc.'s 2024 employer contribution ran below 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
NFP · Investment advisory (plan)$11,387
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$8,132

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$9,974 · 0.27%
2023$1,476 · 0.05%
2022$1,067 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Drs. Frankel & Puhl, Inc. OH$4.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341160526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.