Plan Ledger DOL Form 5500 · updated monthly

Vocational Guidance Services, Inc.Profit-sharing plan

VOCATIONAL GUIDANCE SERVICES AND AFFILIATES RETIREMENT PLAN · CLEVELAND, OH · plan year 2023

Reported admin expense ratio · 2023
3.39%

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

Vocational Guidance Services, Inc. reported $62,700 in plan administrative expenses for 2023: 3.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $349 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 3.40% to 3.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (3,030th of 3,295), and 10,135th of 11,911 in health care & social assistance. active participation has grown from 378 to 500 since 2022.

Plan summary
Net assets, end of year$1,899,390
Participants with balances325
Active participants500
Employer contributions$174,690
Employee contributions—
Employer contribution per active participant$349
Average account balance$5,844
Benefits paid to participants$181,001
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY NOVOTNY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 236 accts · $154K emplr
2023$1.9M · 325 accts · $175K emplr
2022$1.8M · 296 accts · $153K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$53,954
Investment management$8,746
Total administrative$62,700
Employer contributions to the Vocational Guidance Services, Inc. plan · 2023
Employer contribution per active participant$349
Median for plans this size$1,308
2024$536 per active participant
2023$349 per active participant
2022$405 per active participant

Vocational Guidance Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$53,954
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$8,746

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$68,343 · 3.81%
2023$62,700 · 3.39%
2022$70,857 · 3.40%
All plans at this employer2
VOCATIONAL GUIDANCE SERVICES AND AFFILIATES RETIREMENT PLANProfit-sharing plan
VOCATIONAL GUIDANCE SERVICES RETIREMENT SAVINGS PLAN403(b)
Similar plansHealth Care & Social Assistance · Ohio
Anne Grady Corporation OH$1.9M · 0.24%
Brookville Enterprises OH$1.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.