Plan Ledger DOL Form 5500 · updated monthly

Sem Haven Health Care Center403(b)

SEM HAVEN EMPLOYER ASSISTED RETIREMENT SAVINGS PROGRAM · MILFORD, OH · plan year 2022

Reported admin expense ratio · 2022
1.25%

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

Sem Haven Health Care Center reported $30,066 in plan administrative expenses for 2022: 1.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $209 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,992nd of 3,295), and 9,893rd of 11,911 in health care & social assistance. In 2022, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,170,997
Participants with balances52
Active participants176
Employer contributions$36,839
Employee contributions$120,024
Employer contribution per active participant$209
Average account balance$41,750
Benefits paid to participants$145,756
Plan auditUnmodified (clean) audit opinion
AuditorHW&CO
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,066
Total administrative$30,066
Employer contributions to the Sem Haven Health Care Center plan · 2022
Employer contribution per active participant$209
Median for plans this size$1,114

Sem Haven Health Care Center's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$30,066 · 1.25%
Similar plansHealth Care & Social Assistance · Ohio
St. Joseph Care Center OH$2.3M · 1.91%
Dearth Management, Inc. OH$2.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237366692 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.