Plan Ledger DOL Form 5500 · updated monthly

Society for Handicapped Citizens of Medina County,Inc.403(b)

SOCIETY FOR HANDICAPPED CITIZENS OF MEDINA COUNTY, INC. 403(B) PLAN · SEVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Society for Handicapped Citizens of Medina County,Inc. reported $24,333 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,058 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 has held roughly steady near 0.59%. 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 (2,621st of 3,295), and 8,261st of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,427,437
Participants with balances162
Active participants151
Employer contributions$159,766
Employee contributions$256,429
Employer contribution per active participant$1,058
Average account balance$27,330
Benefits paid to participants$164,577
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 162 accts · $160K emplr
2023$3.8M · 152 accts · $145K emplr
2022$3.0M · 132 accts · $146K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,333
Total administrative$24,333
Employer contributions to the Society for Handicapped Citizens of Medina County,Inc. plan · 2024
Employer contribution per active participant$1,058
Median for plans this size$1,313
2024$1,058 per active participant
2023$1,035 per active participant
2022$1,007 per active participant

Society for Handicapped Citizens of Medina County,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 · 20243
T. ROWE PRICE · Recordkeepingindirect comp
PENTEGRA · Contract administratorindirect comp
MERCER GLOBAL ADVISORS, INC · 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
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$24,333 · 0.59%
2023$20,601 · 0.61%
2022Not separately reported
Similar plansHealth Care & Social Assistance · Ohio
The Village at Marymount OH$4.5M · 0.12%
Jag Healthcare, Inc. OH$4.5M · 0.08%
Beechwood Home OH$4.4M · 0.01%
Levering Management Inc. OH$4.4M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341011571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.