Plan Ledger DOL Form 5500 · updated monthly

Vancrest Management Corp.401(k)

VANCREST HEALTH CARE CENTER 401(K) PLAN · VAN WERT, OH · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Vancrest Management Corp. reported $109,195 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $182 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 0.49% to 0.57%. 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 1,294th-largest of 3,295 plans among Ohio employers on file, and the 3,616th of 11,911 in health care & social assistance. In 2024, employees put in $6.09 for every $1.00 the employer contributed; active participation has grown from 1,199 to 1,799 since 2022.

Plan summary
Net assets, end of year$20,579,225
Participants with balances1,387
Active participants1,799
Employer contributions$327,157
Employee contributions$1,992,500
Employer contribution per active participant$182
Average account balance$14,837
Benefits paid to participants$2,015,047
Plan auditUnmodified (clean) audit opinion
AuditorCITRIN COOPERMAN AND CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.6M · 1,387 accts · $327K emplr
2023$17.7M · 1,601 accts · $261K emplr
2022$14.0M · 1,183 accts · $214K emplr
Administrative expenses, itemized · 2024
Investment management$109,195
Total administrative$109,195
The Vancrest Management Corp. 401(k) match · 2024
Employer contribution per active participant$182
Median for plans this size$2,416
2024$182 per active participant
2023$186 per active participant
2022$179 per active participant

Vancrest Management Corp.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$57,205
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,212
KMG FIDUCIARY PARTNERS LLC · Investment advisory (plan)$6,261

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$109,195 · 0.57%
2023$109,220 · 0.69%
2022$72,658 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Network for Life OH$21.9M · 0.40%
Alliance Community Hospital OH$21.7M · 0.42%
Madison Health OH$21.6M · 0.56%
Harbor, Inc. OH$21.3M · 0.40%
South Community Inc. OH$20.2M · 0.52%
The Buckeye Ranch OH$19.6M · 0.40%
Pediatric Associates, Inc. OH$19.0M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200008018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.