Plan Ledger DOL Form 5500 · updated monthly

Bodine Perry, LLC401(k)

BODINE PERRY, LLC 401(K) PROFIT SHARING PLAN AND TRUST · CANFIELD, OH · plan year 2023

Reported admin expense ratio · 2023
0.41%

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

Bodine Perry, LLC reported $42,193 in plan administrative expenses for 2023: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,095 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 1 year on file its reported administrative ratio fell from 0.48% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (1,866th of 3,295), and 7,547th of 11,654 in professional & technical services. In 2023, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,478,469
Participants with balances143
Active participants195
Employer contributions$408,521
Employee contributions$931,242
Employer contribution per active participant$2,095
Average account balance$80,269
Benefits paid to participants$735,478
Plan auditUnmodified (clean) audit opinion
AuditorGILLIAM BELL MOSER, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$11.5M · 143 accts · $409K emplr
2022$9.1M · 141 accts · $376K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$5,298
Investment management$34,740
Trustee / custodial$2,155
Total administrative$42,193
The Bodine Perry, LLC 401(k) match · 2023
Employer contribution per active participant$2,095
Median for plans this size$2,440
2023$2,095 per active participant
2022$1,920 per active participant

Bodine Perry, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$5,235
INVST · Investment advisory (participants) · Investment advisory (plan)$34,740
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$2,155

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

Administrative cost history2
2023$42,193 · 0.41%
2022$45,938 · 0.48%
Same employer
Similar plansProfessional & Technical Services · Ohio
Dwellworks, LLC OH$11.5M · 0.33%
Unicon International, Inc. OH$11.2M · 0.20%
Roosters, Inc. dba Roosters OH$11.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 412028444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.