Plan Ledger DOL Form 5500 · updated monthly

Battelle Memorial Institute401(k)

BATTELLE EMPLOYEES' SAVINGS PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Battelle Memorial Institute reported $1,934,000 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $5,874 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 0.056% to 0.060%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 19th-largest of 3,295 plans among Ohio employers on file, and the 40th of 11,654 in professional & technical services. In 2024, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,398,228,000
Participants with balances13,394
Active participants8,537
Employer contributions$50,149,000
Employee contributions$111,651,000
Employer contribution per active participant$5,874
Average account balance$253,713
Benefits paid to participants$253,044,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.4B · 13,394 accts · $50.1M emplr
2023$3.1B · 13,229 accts · $48.9M emplr
2022$2.7B · 13,052 accts · $46.1M emplr
The Battelle Memorial Institute 401(k) match · 2024
Employer contribution per active participant$5,874
Median for plans this size$5,259
2024$5,874 per active participant
2023$5,722 per active participant
2022$5,497 per active participant

Battelle Memorial Institute's 2024 employer contribution ran above the $5,259 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 · 202412
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$525,521
VANGUARD ADVISERS INC. · Investment advisory (participants)$841,306
WILLIS TOWERS WATSON LLC · Investment advisory (plan)$104,500
WILLIS TOWERS WATSON INV SVCS INC · Investment advisory (plan)$99,953
BRICKER GRAYDON LLP · Legal$97,052
BATTELLE MEMORIAL INSTITUTE · Plan administrator$94,450
GROOM LAW GROUP, CHARTERED · Legal$63,945
MEADEN & MOORE · Investment advisory (plan)$61,999
TOWERS WATSON INVESTMENT SERVICES I · Investment advisory (plan)$20,393
LEONARD ESSEX · Pension consulting$9,000
MARTIN CONGER · Pension consulting$9,000
STEVEN YOUNG · Pension consulting$9,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$1,934,000 · 0.06%
2023$1,781,000 · 0.06%
2022$1,450,000 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Ohio
Vmware, Inc. CA$4.1B · 0.01%
Rsm US, LLP IA$3.4B · 0.05%
Wsp USA Buildings Inc. NY$3.3B · 0.05%
Latham & Watkins LLP CA$3.1B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314379427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.