Plan Ledger DOL Form 5500 · updated monthly

American Consolidated Industries, Inc.401(k)

AMERICAN CONSOLIDATED INDUSTRIES, INC. RETIREMENT SAVINGS PLAN · CLEVELAND, OH · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

American Consolidated Industries, Inc. reported $17,913 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (3,035th of 3,295), and 4,056th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$1,861,443
Participants with balances83
Active participants130
Employer contributions$0
Employee contributions$293,134
Employer contribution per active participant$0
Average account balance$22,427
Benefits paid to participants$219,200
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,370
Investment management$11,543
Total administrative$17,913
The American Consolidated Industries, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

American Consolidated Industries, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$17,913 · 0.90%
Same employer
Similar plansWholesale Trade · Ohio
Hpj Industries Inc. OH$2.5M · 1.02%
K & K Interiors, Inc. OH$2.4M · 0.46%
Rivercap Holdings, LLC OH$1.6M · 2.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341600691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.