Plan Ledger DOL Form 5500 · updated monthly

Wesleyan Senior LivingProfit-sharing plan

WESLEYAN SENIOR LIVING ET AL RETIREMENT PLAN · ELYRIA, OH · plan year 2023

Reported admin expense ratio · 2023
0.10%

Wesleyan Senior Living reported $2,592 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.10% to 0.91%. 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 (2,911th of 3,295), and 9,495th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,692,661
Participants with balances184
Active participants331
Employer contributions—
Employee contributions$71,990
Employer contribution per active participant—
Average account balance$14,634
Benefits paid to participants$372,343
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER SAVAS LLC
Plan history2
Yearassets · accounts · employer contribution
2024$2.4M · 172 accts
2023$2.7M · 184 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,592
Total administrative$2,592
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 · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$2,592
KESTRA INVESTMENT SERVICES LLC · 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 history2
2024$23,020 · 0.91%
2023$2,592 · 0.10%
Similar plansHealth Care & Social Assistance · Ohio
Welcome House Inc. OH$2.9M · 0.02%
Grace Hospital OH$2.7M · 0.09%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 340714611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.