Plan Ledger DOL Form 5500 · updated monthly

St. Joseph Care Center401(k)

ST. JOSEPH SENIOR LIVING 401(K) RETIREMENT PLAN · LOUISVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
1.91%

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

St. Joseph Care Center reported $42,624 in plan administrative expenses for 2024: 1.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,378 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 2.20% to 1.91%. 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 (2,975th of 3,295), and 9,814th of 11,911 in health care & social assistance. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 103 to 125 since 2022.

Plan summary
Net assets, end of year$2,284,180
Participants with balances172
Active participants125
Employer contributions$172,213
Employee contributions$189,059
Employer contribution per active participant$1,378
Average account balance$13,280
Benefits paid to participants$463,088
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY + NOVOTNY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 172 accts · $172K emplr
2023$2.2M · 155 accts · $164K emplr
2022$1.8M · 219 accts · $130K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,734
Investment management$15,890
Total administrative$42,624
The St. Joseph Care Center 401(k) match · 2024
Employer contribution per active participant$1,378
Median for plans this size$1,313
2024$1,378 per active participant
2023$1,326 per active participant
2022$1,265 per active participant

St. Joseph Care Center'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$11,288
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)$17,575
DEFINITI LLC · Accounting / audit · Investment advisory (plan)$15,846

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$42,624 · 1.91%
2023$45,343 · 2.31%
2022$46,431 · 2.20%
Similar plansHealth Care & Social Assistance · Ohio
Lionstone Care, LLC OH$2.3M · 2.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.