Plan Ledger DOL Form 5500 · updated monthly

The Eliza Jennings Senior Care Network403(b)

THE ELIZA JENNINGS SENIOR CARE NETWORK RETIREMENT SAVINGS PLAN · OLMSTED TOWNSHIP, OH · plan year 2024

Reported admin expense ratio · 2024
1.50%

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

The Eliza Jennings Senior Care Network reported $83,795 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $87 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 1.50%. 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 (2,413th of 3,295), and 7,312th of 11,911 in health care & social assistance. In 2024, employees put in $8.66 for every $1.00 the employer contributed; active participation has grown from 498 to 700 since 2022.

Plan summary
Net assets, end of year$6,070,060
Participants with balances172
Active participants700
Employer contributions$60,608
Employee contributions$525,050
Employer contribution per active participant$87
Average account balance$35,291
Benefits paid to participants$437,201
Plan auditDisclaimer of opinion
AuditorMALONEY + NOVOTNY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 172 accts · $61K emplr
2023$5.1M · 155 accts · $48K emplr
2022$5.1M · 155 accts · $58K emplr
Employer contributions to the The Eliza Jennings Senior Care Network plan · 2024
Employer contribution per active participant$87
Median for plans this size$1,313
2024$87 per active participant
2023$84 per active participant
2022$116 per active participant

The Eliza Jennings Senior Care Network'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 · 20244
FARMERS TRUST CO. DBA NATIONAL ASSO · Contract administrator$43,436
MALONEY + NOVOTNY LLC · Accounting / audit$14,500
EMPOWER ADVISORY GROUP, LLC · Investment management$13,603

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$83,795 · 1.50%
2023$63,606 · 1.25%
2022$82,302 · 1.48%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Gentlebrook OH$6.2M · 0.06%
Alvis, Inc. OH$6.2M · 1.27%
Beech Acres OH$5.9M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341560243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.