Plan Ledger DOL Form 5500 · updated monthly

The Center for Individual & Family Services403(b)

THE CENTER RETIREMENT PLAN · MANSFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

The Center for Individual & Family Services reported $43,310 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $395 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 0.57% to 0.64%. 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 (2,288th of 3,295), and 6,816th of 11,911 in health care & social assistance. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,104,204
Participants with balances149
Active participants452
Employer contributions$178,745
Employee contributions$324,989
Employer contribution per active participant$395
Average account balance$47,679
Benefits paid to participants$621,971
Plan auditUnmodified (clean) audit opinion
AuditorKLESHINSKI MORRISON & MORRIS KLESHI
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 149 accts · $179K emplr
2023$6.4M · 182 accts · $184K emplr
2022$5.6M · 207 accts · $181K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,348
Investment management$11,962
Total administrative$43,310
Employer contributions to the The Center for Individual & Family Services plan · 2024
Employer contribution per active participant$395
Median for plans this size$1,313
2024$395 per active participant
2023$476 per active participant
2022$432 per active participant

The Center for Individual & Family Services's 2024 employer contribution ran below the $1,313 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 · 20243
JULY BUSINESS SERVICES, LLC · Recordkeeping$31,348
CONSOLIDATED FINANCIAL · Investment advisory (participants)$19,765
LINCOLN NATIONAL CORPORATION · Contract administrator$225

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

Recordkeeper by year2
2024July Business Services
2023July Business Services

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

Administrative cost history3
2024$43,310 · 0.64%
2023$30,522 · 0.51%
2022$35,109 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Ohio

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Source: U.S. Department of Labor, Form 5500 series, EIN 341190641 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.