Plan Ledger DOL Form 5500 · updated monthly

The Nord Center403(b)

RIVEON MENTAL HEALTH & RECOVERY RETIREMENT PLAN · LORAIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

The Nord Center reported $74,411 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $765 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.

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 (1,745th of 3,295), and the 4,916th of 11,911 in health care & social assistance. In 2024, employees put in $4.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,982,191
Participants with balances415
Active participants303
Employer contributions$231,825
Employee contributions$1,012,890
Employer contribution per active participant$765
Average account balance$31,282
Benefits paid to participants$3,923,128
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,411
Total administrative$74,411
Employer contributions to the The Nord Center plan · 2024
Employer contribution per active participant$765
Median for plans this size$1,313

The Nord Center'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$74,411

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

Administrative cost history1
2024$74,411 · 0.88%
All plans at this employer2
THE NORD CENTER RETIREMENT PLAN403(b)
RIVEON MENTAL HEALTH & RECOVERY RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Compass Health Brands Corp OH$13.3M · 0.06%
I Am Boundless, Inc. OH$13.3M · 1.12%
Medf Physicians Corp. OH$13.0M · 0.09%
Beech Brook OH$12.9M · 0.34%
Netcare Corporation OH$12.2M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 340949459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.