Plan Ledger DOL Form 5500 · updated monthly

Cheeseman LLC401(k)

CHEESEMAN LLC 401(K) PLAN · FORT RECOVERY, OH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Cheeseman LLC reported $7,903 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $772 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 fell from 0.06% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,484th-largest of 3,295 plans among Ohio employers on file, and the 828th of 2,677 in transportation & warehousing. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has grown from 423 to 531 since 2022.

Plan summary
Net assets, end of year$17,123,889
Participants with balances280
Active participants531
Employer contributions$409,766
Employee contributions$1,353,908
Employer contribution per active participant$772
Average account balance$61,157
Benefits paid to participants$1,642,254
Plan auditUnmodified (clean) audit opinion
AuditorJONES & FRY CPA INC
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 280 accts · $410K emplr
2023$14.2M · 273 accts · $415K emplr
2022$12.2M · 268 accts · $371K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,392
Investment management$4,511
Total administrative$7,903
The Cheeseman LLC 401(k) match · 2024
Employer contribution per active participant$772
Median for plans this size$2,416
2024$772 per active participant
2023$920 per active participant
2022$877 per active participant

Cheeseman LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,392

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$7,903 · 0.05%
2023$10,183 · 0.08%
2022$7,467 · 0.06%
Same employer
Similar plansTransportation & Warehousing · Ohio
We Transport, Inc. OH$21.6M · 0.52%
Cathcart Rail Holdco, LLC OH$18.6M · 0.92%
Cathcart Rail, LLC OH$17.7M · 1.00%
Encore Technologies OH$15.2M · 0.47%
Hef-Usa, Inc. OH$14.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261465565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.