Plan Ledger DOL Form 5500 · updated monthly

Bowser-Morner, Inc401(k)

BOWSER-MORNER, INC. SAVINGS PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Bowser-Morner, Inc reported $61,903 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $2,364 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 0.24% to 0.30%. 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 1,248th-largest of 3,295 plans among Ohio employers on file, and the 5,251st of 11,654 in professional & technical services. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 104 to 118 since 2022.

Plan summary
Net assets, end of year$21,720,081
Participants with balances131
Active participants118
Employer contributions$278,928
Employee contributions$585,832
Employer contribution per active participant$2,364
Average account balance$165,802
Benefits paid to participants$1,108,026
Plan auditUnmodified (clean) audit opinion
AuditorSCHROEDER & CO. CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 131 accts · $279K emplr
2023$19.3M · 117 accts · $240K emplr
2022$17.0M · 116 accts · $224K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,430
Investment management$36,473
Total administrative$61,903
The Bowser-Morner, Inc 401(k) match · 2024
Employer contribution per active participant$2,364
Median for plans this size$2,416
2024$2,364 per active participant
2023$2,268 per active participant
2022$2,152 per active participant

Bowser-Morner, Inc's 2024 employer contribution ran below 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)$27,344
EVERHART FINANCIAL GROUP · Investment management$34,534

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$61,903 · 0.30%
2023$56,902 · 0.31%
2022$42,219 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Ohio
Comresource, Inc. OH$23.1M · 0.19%
Proscan Imaging, LLC OH$22.4M · 0.03%
Hills Developers, Inc. OH$21.6M · 0.50%
Arrow Tru-Line, Inc. OH$21.2M · 0.42%
Glasstech, Inc. OH$21.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310579112 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.