Plan Ledger DOL Form 5500 · updated monthly

Visionary Holding Company, Inc.401(k)

VISIONARY HOLDING COMPANY, INC. 401(K) RETIREMENT SAVINGS PLAN · MASSILLION, OH · plan year 2023

Reported admin expense ratio · 2023
0.60%

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

Visionary Holding Company, Inc. reported $45,547 in plan administrative expenses for 2023: 0.60% of average plan assets, above the peer median. Employer contributions averaged $2,549 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 has held roughly steady near 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Ohio (2,143rd of 3,295), and 587th of 786 in management of companies. In 2023, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,515,723
Participants with balances88
Active participants129
Employer contributions$328,777
Employee contributions$705,032
Employer contribution per active participant$2,549
Average account balance$96,770
Benefits paid to participants$422,011
Plan auditUnmodified (clean) audit opinion
Auditor415 GROUP
Plan history2
Yearassets · accounts · employer contribution
2023$8.5M · 88 accts · $329K emplr
2022$6.7M · 98 accts · $284K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,494
Investment management$29,053
Total administrative$45,547
The Visionary Holding Company, Inc. 401(k) match · 2023
Employer contribution per active participant$2,549
Median for plans this size$1,308
2023$2,549 per active participant
2022$1,959 per active participant

Visionary Holding Company, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 · 20232
ANCORA RETIREMENT PLAN ADVISORS · Investment advisory (plan)$28,003

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

Administrative cost history2
2023$45,547 · 0.60%
2022$44,034 · 0.62%
Similar plansManagement of Companies · Ohio
Alliance Industries, Inc. OH$16.3M · 0.31%
The Ohio Masonic Home OH$15.8M · 0.73%
Central Investment LLC OH$12.9M · 0.14%
Zidian Management Corp. OH$9.9M · 0.10%
Sgb Smit USA Holding Inc. OH$8.1M · 0.01%
Litter Corporation, Inc. OH$8.1M · 0.12%
Tahoma Enterprises, Inc. OH$4.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261854466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.