Plan Ledger DOL Form 5500 · updated monthly

Barnes, Dennig & Co., LTD.401(k)

BARNES, DENNIG & CO., LTD. PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Barnes, Dennig & Co., LTD. reported $239,006 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,847 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 0.58% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 782nd-largest of 3,295 plans among Ohio employers on file, and the 3,342nd of 11,654 in professional & technical services. In 2024, employees put in $4.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,348,981
Participants with balances208
Active participants157
Employer contributions$446,973
Employee contributions$1,914,946
Employer contribution per active participant$2,847
Average account balance$189,178
Benefits paid to participants$4,593,269
Plan auditUnmodified (clean) audit opinion
AuditorHOLBROOK & MANTER, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 208 accts · $447K emplr
2023$38.0M · 216 accts · $1.1M emplr
2022$34.6M · 195 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,582
Investment management$123,424
Total administrative$239,006
The Barnes, Dennig & Co., LTD. 401(k) match · 2024
Employer contribution per active participant$2,847
Median for plans this size$2,416
2024$2,847 per active participant
2023$7,358 per active participant
2022$9,385 per active participant

Barnes, Dennig & Co., LTD.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
BIECHELE ROYCE ADVISORS, INC · Investment management$47,117
ANDERSON FINANCIAL STRATEGIES, LLC · Investment management$25,825
UBS FINANCIAL SERVICES · Investment advisory (plan)$13,723
BLAKE SCHUTTER THEIL WEALTH ADVISOR · Investment management$7,182

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$239,006 · 0.62%
2023$208,681 · 0.57%
2022$211,705 · 0.58%
Same employer
Similar plansProfessional & Technical Services · Ohio
Marketvision Research, Inc. OH$39.9M · 0.13%
Wd Partners, Inc. OH$39.7M · 0.20%
Terillium, Inc. OH$38.9M · 0.10%
Jedson Engineering, Inc. OH$38.9M · 0.16%
Heapy Engineering OH$38.2M · 0.52%
The Finit Group LLC OH$38.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311119890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.