Plan Ledger DOL Form 5500 · updated monthly

The Resident Home Corporation dba Envision Ohio401(k)

THE RESIDENT HOME 401(K) PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

The Resident Home Corporation dba Envision Ohio reported $23,179 in plan administrative expenses for 2023: 0.62% of average plan assets, above the peer median. Employer contributions averaged $225 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 0.65% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,690th of 3,295), and 8,547th of 11,911 in health care & social assistance. In 2023, employees put in $5.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,013,279
Participants with balances143
Active participants181
Employer contributions$40,725
Employee contributions$222,380
Employer contribution per active participant$225
Average account balance$28,065
Benefits paid to participants$243,152
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 142 accts · $37K emplr
2023$4.0M · 143 accts · $41K emplr
2022$3.4M · 176 accts · $37K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,963
Investment management$1,216
Total administrative$23,179
The The Resident Home Corporation dba Envision Ohio 401(k) match · 2023
Employer contribution per active participant$225
Median for plans this size$1,308
2024$186 per active participant
2023$225 per active participant
2022$201 per active participant

The Resident Home Corporation dba Envision Ohio's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,963

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$23,232 · 0.59%
2023$23,179 · 0.62%
2022$24,265 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Leads, Inc OH$4.0M · 0.13%
Edm Management, Inc. OH$3.9M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 316050398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.