Plan Ledger DOL Form 5500 · updated monthly

Third Street Community Clinic403(b)

THIRD STREET FAMILY HEALTH SERVICES RETIREMENT PLAN · MANSFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Third Street Community Clinic reported $64,630 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,577 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 0.76% to 0.90%. 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 (2,226th of 3,295), and 6,563rd of 11,911 in health care & social assistance. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 203 to 246 since 2022.

Plan summary
Net assets, end of year$7,722,048
Participants with balances289
Active participants246
Employer contributions$387,904
Employee contributions$792,242
Employer contribution per active participant$1,577
Average account balance$26,720
Benefits paid to participants$2,199,028
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 289 accts · $388K emplr
2023$6.7M · 237 accts · $313K emplr
2022$5.7M · 236 accts · $246K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,630
Total administrative$64,630
Employer contributions to the Third Street Community Clinic plan · 2024
Employer contribution per active participant$1,577
Median for plans this size$1,313
2024$1,577 per active participant
2023$1,543 per active participant
2022$1,210 per active participant

Third Street Community Clinic'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$64,630
PRINCIPAL SECURITIES, INC. · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$64,630 · 0.90%
2023$49,372 · 0.80%
2022$46,673 · 0.76%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Community Action Wayne OH$8.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341753919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.