Plan Ledger DOL Form 5500 · updated monthly

Apple Growth Partners, Inc.401(k)

APPLE GROWTH PARTNERS 401(K) PLAN · AKRON, OH · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Apple Growth Partners, Inc. reported $60,876 in plan administrative expenses for 2023: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,999 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 1 year on file its reported administrative ratio rose from 0.22% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,509th-largest of 3,295 plans among Ohio employers on file, and 6,192nd of 11,654 in professional & technical services. In 2023, employees put in $3.54 for every $1.00 the employer contributed; active participation has grown from 109 to 127 since 2022.

Plan summary
Net assets, end of year$16,731,757
Participants with balances123
Active participants127
Employer contributions$380,925
Employee contributions$1,348,556
Employer contribution per active participant$2,999
Average account balance$136,031
Benefits paid to participants$578,165
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $209K emplr
2023$16.7M · 123 accts · $381K emplr
2022$13.2M · 123 accts · $202K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,583
Investment management$37,293
Total administrative$60,876
The Apple Growth Partners, Inc. 401(k) match · 2023
Employer contribution per active participant$2,999
Median for plans this size$2,440
2023$2,999 per active participant
2022$1,851 per active participant

Apple Growth Partners, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ELLSWORTH ADVISORS LLC · Investment advisory (plan)$35,660
EMPOWER ADVISORY GROUP, LLC · Investment management$1,633

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$60,876 · 0.41%
2022$28,823 · 0.22%
Similar plansProfessional & Technical Services · Ohio
Corbus, LLC OH$17.1M · 0.13%
Emplifi Inc. OH$17.0M · 0.04%
Brixey & Meyer, Inc. OH$16.9M · 0.19%
Metlife Legal Plans, Inc. OH$16.6M · 0.26%
Modern Hire, Inc. OH$16.6M · 0.03%
Auto Systems Centers Inc OH$16.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341082617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.