Plan Ledger DOL Form 5500 · updated monthly

Antonio Sofo & Son Importing Co.401(k)

ANTONIO SOFO & SON IMPORTING CO. EMPLOYEES' 401(K) PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Antonio Sofo & Son Importing Co. reported $163,402 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $700 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 0.94% to 0.85%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,327th-largest of 3,295 plans among Ohio employers on file, and the 1,893rd of 4,246 in wholesale trade. In 2024, employees put in $5.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,904,090
Participants with balances541
Active participants433
Employer contributions$302,969
Employee contributions$1,574,586
Employer contribution per active participant$700
Average account balance$36,791
Benefits paid to participants$3,390,406
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 541 accts · $303K emplr
2023$18.7M · 604 accts · $290K emplr
2022$16.1M · 615 accts · $292K emplr
The Antonio Sofo & Son Importing Co. 401(k) match · 2024
Employer contribution per active participant$700
Median for plans this size$2,416
2024$700 per active participant
2023$618 per active participant
2022$621 per active participant

Antonio Sofo & Son Importing Co.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$73,774
PENSION INNOVATIONS & CONSULTING · Contract administrator$16,788
EMPOWER ADVISORY GROUP, LLC · Investment management$8,580
PLANTE AND MORAN · Accounting / auditindirect 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$163,402 · 0.85%
2023$146,327 · 0.84%
2022$162,422 · 0.94%
Same employer
Similar plansWholesale Trade · Ohio
Northern Frozen Foods, Inc. OH$20.4M · 0.06%
The Sanson Company OH$20.3M · 0.03%
A-Gas US Inc. OH$19.6M · 0.26%
Health Care Logistics, Inc. OH$19.5M · 0.59%
Gardner, Inc. OH$19.0M · 0.52%
Trumbull Industries, Inc. OH$19.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341026558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.