Plan Ledger DOL Form 5500 · updated monthly

Brookwood Management Company, LLC401(k)

BROOKWOOD MANAGEMENT CO LLC 401(K) PROFIT SHARING PLAN AND TRUST · NORTH CANTON, OH · plan year 2022

Reported admin expense ratio · 2022
1.31%

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

Brookwood Management Company, LLC reported $71,210 in plan administrative expenses for 2022: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,147 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 has held roughly steady near 1.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,553rd of 3,295), and 3,644th of 4,246 in wholesale trade. In 2022, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,936,458
Participants with balances30
Active participants251
Employer contributions$287,875
Employee contributions$522,185
Employer contribution per active participant$1,147
Average account balance$164,549
Benefits paid to participants$793,760
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$3.1M · 167 accts · $2K emplr
2022$4.9M · 30 accts · $288K emplr
Administrative expenses, itemized · 2022
Professional / advisory$71,210
Total administrative$71,210
The Brookwood Management Company, LLC 401(k) match · 2022
Employer contribution per active participant$1,147
Median for plans this size$1,114

Brookwood Management Company, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$51,448 · 1.28%
2022$71,210 · 1.31%
Similar plansWholesale Trade · Ohio
Santmyer Companies, Inc. OH$6.1M · 0.80%
Winston Products, LLC OH$5.4M · 0.10%
Weaver Brothers, Inc. OH$5.4M · 0.78%
Byer Steel Group OH$4.7M · 0.07%
Principled Dynamics OH$4.5M · 1.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474587175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.