Plan Ledger DOL Form 5500 · updated monthly

Belting Company of Cincinnati, Inc.401(k)

BELTING COMPANY OF CINCINNATI, INC. RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Belting Company of Cincinnati, Inc. reported $65,252 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,890 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 0.11% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 493rd-largest of 3,295 plans among Ohio employers on file, and the 604th of 4,246 in wholesale trade. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,055,526
Participants with balances293
Active participants277
Employer contributions$800,573
Employee contributions$2,779,900
Employer contribution per active participant$2,890
Average account balance$235,684
Benefits paid to participants$5,904,410
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.1M · 293 accts · $801K emplr
2023$62.5M · 299 accts · $740K emplr
2022$49.1M · 269 accts · $678K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,252
Total administrative$65,252
The Belting Company of Cincinnati, Inc. 401(k) match · 2024
Employer contribution per active participant$2,890
Median for plans this size$3,635
2024$2,890 per active participant
2023$2,579 per active participant
2022$2,548 per active participant

Belting Company of Cincinnati, Inc.'s 2024 employer contribution ran below the $3,635 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
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$25,700
BARNES, DENNIG AND CO. LTD · Accounting / audit$11,875
EMPOWER ADVISORY GROUP, LLC · Investment management$1,923

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$65,252 · 0.10%
2023$58,580 · 0.11%
2022$59,219 · 0.11%
Same employer
Similar plansWholesale Trade · Ohio
The Habegger Corporation OH$81.5M · 0.21%
Imcd Holdings U.S., Inc. OH$79.5M · 0.19%
Gunton Corporation OH$71.4M · 0.16%
Takkt Foodservices, LLC OH$62.5M · 0.18%
Wmk Inc OH$62.0M · 0.34%
Onpoint Group, LLC OH$60.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310577041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.