Plan Ledger DOL Form 5500 · updated monthly

Western Reserve Care Solutions401(k)

WESTERN RESERVE CARE SOLUTIONS RETIREMENT PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Western Reserve Care Solutions reported $221,526 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,680 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 3 years on file its reported administrative ratio has held roughly steady near 0.50%. 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 688th-largest of 3,295 plans among Ohio employers on file, and the 1,975th of 11,911 in health care & social assistance. In 2024, employees put in $2.86 for every $1.00 the employer contributed; active participation has grown from 752 to 972 since 2022.

Plan summary
Net assets, end of year$46,971,534
Participants with balances1,196
Active participants972
Employer contributions$1,633,223
Employee contributions$4,666,863
Employer contribution per active participant$1,680
Average account balance$39,274
Benefits paid to participants$7,581,267
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.0M · 1,196 accts · $1.6M emplr
2023$41.9M · 1,078 accts · $1.4M emplr
2022$35.2M · 940 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$217,226
Total administrative$221,526
The Western Reserve Care Solutions 401(k) match · 2024
Employer contribution per active participant$1,680
Median for plans this size$2,416
2024$1,680 per active participant
2023$1,519 per active participant
2022$1,653 per active participant

Western Reserve Care Solutions's 2024 employer contribution ran below the $2,416 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 · 20242
GLOBAL RETIREMENT PARTNERS LLCindirect 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$221,526 · 0.50%
2023$202,903 · 0.53%
2022$200,984 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
The Bellevue Hospital OH$50.9M · 0.14%
Digestive Specialists, Inc. OH$44.1M · 0.23%
Ohiohealth OH$43.8M · 0.04%
Ohiohealth OH$42.7M

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Source: U.S. Department of Labor, Form 5500 series, EIN 832255711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.