Plan Ledger DOL Form 5500 · updated monthly

Barentz North America, LLC401(k)

BARENTZ NORTH AMERICA, LLC 401(K) RETIREMENT PLAN · AVON, OH · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Barentz North America, LLC reported $196,691 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,597 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 rose from 0.48% to 0.54%. 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 803rd-largest of 3,295 plans among Ohio employers on file, and the 1,077th of 4,246 in wholesale trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,297,870
Participants with balances376
Active participants338
Employer contributions$1,553,747
Employee contributions$3,217,871
Employer contribution per active participant$4,597
Average account balance$101,856
Benefits paid to participants$7,132,749
Plan auditUnmodified (clean) audit opinion
AuditorHOBE & LUCAS CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$38.3M · 376 accts · $1.6M emplr
2023$35.0M · 419 accts · $1.6M emplr
2022$28.2M · 378 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,433
Investment management$77,258
Total administrative$196,691
The Barentz North America, LLC 401(k) match · 2024
Employer contribution per active participant$4,597
Median for plans this size$2,416
2024$4,597 per active participant
2023$4,888 per active participant
2022$4,560 per active participant

Barentz North America, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$77,258

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$196,691 · 0.54%
2023$131,404 · 0.42%
2022$126,850 · 0.48%
Same employer
Similar plansWholesale Trade · Ohio
Totes Isotoner Corporation OH$39.2M · 0.08%
Partssource, Inc. OH$39.0M · 0.43%
Midwest Tape, LLC OH$38.9M · 0.42%
Lyden Oil Company OH$36.6M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341209005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.