Plan Ledger DOL Form 5500 · updated monthly

Buckeye Ready-Mix, L.L.C.401(k)

BUCKEYE READY-MIX, L.L.C. PROFIT SHARING PLAN · REYNOLDSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Buckeye Ready-Mix, L.L.C. reported $53,153 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $9,571 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 0.12% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,093rd-largest of 3,295 plans among Ohio employers on file, and the 5,018th of 13,661 in manufacturing. In 2024, the employer put in $1.82 for every $1.00 employees contributed themselves; active participation has grown from 148 to 165 since 2022.

Plan summary
Net assets, end of year$25,775,371
Participants with balances187
Active participants165
Employer contributions$1,579,223
Employee contributions$866,954
Employer contribution per active participant$9,571
Average account balance$137,836
Benefits paid to participants$2,461,838
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.8M · 187 accts · $1.6M emplr
2023$23.6M · 182 accts · $1.4M emplr
2022$20.8M · 175 accts · $914K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,507
Investment management$24,646
Total administrative$53,153
The Buckeye Ready-Mix, L.L.C. 401(k) match · 2024
Employer contribution per active participant$9,571
Median for plans this size$2,416
2024$9,571 per active participant
2023$9,021 per active participant
2022$6,174 per active participant

Buckeye Ready-Mix, L.L.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
LINCOLN NATIONAL CORPORATION · Contract administrator$28,507
HIGHLAND CONSULTING ASSOCIATES, INC · Investment advisory (participants)$24,646

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$53,153 · 0.22%
2023$62,253 · 0.28%
2022$26,293 · 0.12%
Same employer
Similar plansManufacturing · Ohio
Interstate-McBee, LLC OH$25.9M · 0.39%
Coltene/Whaledent, Inc. OH$25.9M · 0.39%
Luxium Solutions, LLC OH$25.9M · 0.24%
Westerman, Inc. OH$25.7M · 0.37%
Prime Conduit, Inc. OH$25.6M · 0.08%
Usui International Corp OH$25.3M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311639639 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.