Plan Ledger DOL Form 5500 · updated monthly

Skilled Care Pharmacy, Inc.401(k)

SKILLED CARE PHARMACY, INC. 401(K) PLAN · MASON, OH · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Skilled Care Pharmacy, Inc. reported $58,198 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,797th of 3,295), and 7,930th of 13,661 in manufacturing. active participation has grown from 64 to 76 since 2022.

Plan summary
Net assets, end of year$12,306,977
Participants with balances128
Active participants76
Employer contributions$0
Employee contributions$407,949
Employer contribution per active participant$0
Average account balance$96,148
Benefits paid to participants$741,029
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 128 accts
2023$11.3M · 124 accts
2022$10.7M · 143 accts · $55K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,885
Investment management$28,663
Audit (IQPA)$13,650
Total administrative$58,198
The Skilled Care Pharmacy, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Skilled Care Pharmacy, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
AMERIPRISE FINANCIAL SERVICES INC · Investment advisory (plan)$20,380
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,885
DEAN DORTON ALLEN FORD, PLLC · Accounting / audit$13,650
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,283

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$58,198 · 0.49%
2023$53,364 · 0.49%
2022$65,938 · 0.51%
Similar plansManufacturing · Ohio
Kost USA, LLC OH$12.4M · 0.35%
Engineered Profiles LLC OH$12.4M · 0.16%
Ace Sanitary Holdings Inc OH$12.4M · 1.17%
Anchor Tool & Die Company OH$12.3M · 0.48%
Robbins, Inc. OH$12.3M · 0.01%
Twist, Inc. OH$12.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311013325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.