Plan Ledger DOL Form 5500 · updated monthly

Adena Commercial LLC401(k)

ADENA COMMERCIAL LLC 401-K SAVINGS PLAN · COLUMBUS, OH · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Adena Commercial LLC reported $28,830 in plan administrative expenses for 2023: 0.49% of average plan assets, below the peer median. Employer contributions averaged $629 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 fell from 0.70% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Ohio (2,330th of 3,295), and 1,356th of 2,096 in real estate & leasing. In 2023, employees put in $7.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,761,063
Participants with balances135
Active participants104
Employer contributions$65,366
Employee contributions$497,350
Employer contribution per active participant$629
Average account balance$50,082
Benefits paid to participants$574,773
Plan auditUnmodified (clean) audit opinion
AuditorARY ROEPCKE MULCHAEY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 130 accts · $73K emplr
2023$6.8M · 135 accts · $65K emplr
2022$4.9M · 130 accts · $103K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,665
Investment management$12,165
Total administrative$28,830
The Adena Commercial LLC 401(k) match · 2023
Employer contribution per active participant$629
Median for plans this size$1,308
2024$643 per active participant
2023$629 per active participant
2022$991 per active participant

Adena Commercial LLC'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
ASCENSUS · Contract administrator$16,151
EVERHART FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$12,165

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$30,625 · 0.57%
2023$28,830 · 0.49%
2022$38,256 · 0.70%
Same employer
Similar plansReal Estate & Leasing · Ohio
I. & M.J. Gross Company OH$8.1M · 0.48%
Cross Country Inns, Inc. OH$7.3M · 0.42%
Crawford Hoying, LTD. OH$7.1M · 0.76%
Brg Realty Group, LLC OH$6.7M · 0.67%
Amsdell Companies LLC OH$6.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311508485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.