Plan Ledger DOL Form 5500 · updated monthly

Bober, Markey, Fedorovich & Company401(k)

BOBER, MARKEY, FEDOROVICH & COMPANY THRIFT/INCENTIVE PLAN · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Bober, Markey, Fedorovich & Company reported $60,333 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $4,051 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 0.27% to 0.24%. 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 1,068th-largest of 3,295 plans among Ohio employers on file, and the 4,547th of 11,654 in professional & technical services. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has grown from 97 to 116 since 2022.

Plan summary
Net assets, end of year$26,582,908
Participants with balances137
Active participants116
Employer contributions$469,917
Employee contributions$1,517,900
Employer contribution per active participant$4,051
Average account balance$194,036
Benefits paid to participants$3,414,150
Plan auditUnmodified (clean) audit opinion
AuditorHOLBROOK & MANTER
Plan history3
Yearassets · accounts · employer contribution
2024$26.6M · 137 accts · $470K emplr
2023$24.3M · 131 accts · $365K emplr
2022$19.3M · 123 accts · $319K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,725
Investment management$38,608
Total administrative$60,333
The Bober, Markey, Fedorovich & Company 401(k) match · 2024
Employer contribution per active participant$4,051
Median for plans this size$2,416
2024$4,051 per active participant
2023$3,479 per active participant
2022$3,287 per active participant

Bober, Markey, Fedorovich & Company'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 · 20242
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$22,333
ELLSWORTH ADVISORS LLC · Investment management$38,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$60,333 · 0.24%
2023$57,299 · 0.26%
2022$59,636 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Ohio
Archem America, Inc. OH$26.1M · 0.62%
Infoverity Holding Co. OH$26.1M · 0.00%
Empower Media Partners, LLC OH$25.9M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341523030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.