Plan Ledger DOL Form 5500 · updated monthly

The Wesley Communities401(k)

THE WESLEY COMMUNITIES 403(B) PLAN · COLUMBUS, OH · plan year 2022

Reported admin expense ratio · 2022
0.59%

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

The Wesley Communities reported $37,795 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $91 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 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (2,467th of 3,295), and 7,607th of 11,911 in health care & social assistance. In 2022, employees put in $3.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,554,902
Participants with balances152
Active participants897
Employer contributions$82,040
Employee contributions$304,936
Employer contribution per active participant$91
Average account balance$36,545
Benefits paid to participants$884,299
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$5.6M · 152 accts · $82K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$37,795
Total administrative$37,795
The The Wesley Communities 401(k) match · 2022
Employer contribution per active participant$91
Median for plans this size$1,114

The Wesley Communities's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$37,795 · 0.59%
Similar plansHealth Care & Social Assistance · Ohio
R&F, Inc. OH$5.7M · 0.22%
Summa Rehab Hospital OH$5.6M · 0.88%
Lifecare Alliance OH$5.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310711146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.