Plan Ledger DOL Form 5500 · updated monthly

The Pike County Recovery Council401(k)

THE PIKE COUNTY RECOVERY COUNCIL 401(K) RETIREMENT PLAN · WAVERLY, OH · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

The Pike County Recovery Council reported $8,318 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $2,013 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 1 year on file its reported administrative ratio fell from 0.43% to 0.30%. 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 (2,844th of 3,295), and 9,182nd of 11,911 in health care & social assistance. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 120 to 147 since 2022.

Plan summary
Net assets, end of year$3,100,938
Participants with balances163
Active participants147
Employer contributions$295,980
Employee contributions$368,178
Employer contribution per active participant$2,013
Average account balance$19,024
Benefits paid to participants$288,686
Plan auditUnmodified (clean) audit opinion
AuditorMANNING & ASSOCIATES CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 163 accts · $296K emplr
2023$2.4M · 147 accts · $254K emplr
2022$1.7M · 124 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,318
Total administrative$8,318
The The Pike County Recovery Council 401(k) match · 2024
Employer contribution per active participant$2,013
Median for plans this size$1,313
2024$2,013 per active participant
2023$1,791 per active participant
2022$1,198 per active participant

The Pike County Recovery Council'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 · 20241

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$8,318 · 0.30%
2023$8,857 · 0.43%
2022Not separately reported
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Lbk Health Care, Inc. OH$3.2M · 0.64%
Wexco Senior Services OH$3.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311098435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.