Plan Ledger DOL Form 5500 · updated monthly

Boxout, LLC401(k)

BOXOUT, LLC 401(K) PROFIT SHARING PLAN · HUDSON, OH · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Boxout, LLC reported $111,315 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,375 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 3 years on file its reported administrative ratio has held roughly steady near 0.489%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,147th-largest of 3,295 plans among Ohio employers on file, and the 1,609th of 4,246 in wholesale trade. In 2024, employees put in $4.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,452,841
Participants with balances352
Active participants255
Employer contributions$350,504
Employee contributions$1,430,435
Employer contribution per active participant$1,375
Average account balance$69,468
Benefits paid to participants$815,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.5M · 352 accts · $351K emplr
2023$21.1M · 337 accts · $302K emplr
2022$16.8M · 380 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,929
Investment management$86,386
Total administrative$111,315
The Boxout, LLC 401(k) match · 2024
Employer contribution per active participant$1,375
Median for plans this size$2,416
2024$1,375 per active participant
2023$1,215 per active participant
2022$1,410 per active participant

Boxout, LLC'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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$70,986
FIFTH THIRD BANK · Investment advisory (plan)$15,400

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$111,315 · 0.49%
2023$101,230 · 0.53%
2022$94,042 · 0.49%
Same employer
Similar plansWholesale Trade · Ohio
Kurtz Bros., Inc. OH$24.7M · 0.44%
River Trading Company, LTD. OH$24.2M · 0.19%
Kamco Industries, Inc. OH$24.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311539854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.