Plan Ledger DOL Form 5500 · updated monthly

The Village Network403(b)

THE VILLAGE NETWORK 403(B) PLAN · WOOSTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

The Village Network reported $95,279 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,165 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 0.37% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,184th-largest of 3,295 plans among Ohio employers on file, and the 3,302nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.67 for every $1.00 employees contributed themselves; active participation has grown from 437 to 485 since 2022.

Plan summary
Net assets, end of year$23,483,027
Participants with balances623
Active participants485
Employer contributions$1,534,924
Employee contributions$916,591
Employer contribution per active participant$3,165
Average account balance$37,693
Benefits paid to participants$2,272,842
Plan auditUnmodified (clean) audit opinion
AuditorHOLBROOK & MANTER, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 623 accts · $1.5M emplr
2023$20.6M · 711 accts · $1.4M emplr
2022$19.3M · 613 accts · $1.3M emplr
Employer contributions to the The Village Network plan · 2024
Employer contribution per active participant$3,165
Median for plans this size$2,416
2024$3,165 per active participant
2023$3,032 per active participant
2022$2,954 per active participant

The Village Network's 2024 employer contribution ran above the $2,416 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 · 20246
CREATIVE RETIREMENT SYSTEMS, INC. · Recordkeeping · Loan processing$21,400
CUNA MUTUAL · Investment advisory (participants)$38,828
GALLAGHER FIDUCIARY SERVICES, LLC · Investment advisory (participants)$19,201
LINCOLN NATIONAL CORP. (CR27710) · Contract administrator$725
LINCOLN NATIONAL CORP.(EX27710) · Contract administrator$225
KESTRA INVESTMENT SERVICES, LLC · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024CREATIVE RETIREMENT SYSTEMS, INC.
2023CREATIVE RETIREMENT SYSTEMS, INC.

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

Administrative cost history3
2024$95,279 · 0.43%
2023$82,305 · 0.41%
2022$79,745 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Brightview, LLC OH$24.7M · 0.98%
Hospice of Northwest Ohio OH$24.6M · 0.41%
Life Enriching Communities OH$23.5M · 0.03%
Healthspan Partners OH$23.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340768857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.