Plan Ledger DOL Form 5500 · updated monthly

Chemical Services Group, Inc.401(k)

CHEMICAL SERVICES GROUP, INC. 401(K) PLAN AND TRUST · MACEDONIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Chemical Services Group, Inc. reported $70,409 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $211 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 0.74% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,044th of 3,295), and 9,056th of 13,661 in manufacturing. In 2024, employees put in $10.80 for every $1.00 the employer contributed; active participation has shrunk from 355 to 218 since 2022.

Plan summary
Net assets, end of year$9,397,325
Participants with balances176
Active participants218
Employer contributions$46,101
Employee contributions$497,836
Employer contribution per active participant$211
Average account balance$53,394
Benefits paid to participants$804,103
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 176 accts · $46K emplr
2023$8.6M · 194 accts · $59K emplr
2022$7.5M · 169 accts · $56K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,409
Total administrative$70,409
The Chemical Services Group, Inc. 401(k) match · 2024
Employer contribution per active participant$211
Median for plans this size$1,313
2024$211 per active participant
2023$226 per active participant
2022$157 per active participant

Chemical Services Group, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
NATIONWIDE · Recordkeeping$26,884
MGO ONE SEVEN · Recordkeeping · Consulting$25,668
MGO ONESEVEN INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$16,519

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024MGO ONE SEVEN, Nationwide
2023MGO ONE SEVEN, Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$70,409 · 0.78%
2023Not separately reported
2022$62,602 · 0.74%
Same employer
Similar plansManufacturing · Ohio
Imco Carbide Tools, Inc. OH$9.4M · 0.43%
Rki, Inc. OH$9.4M · 0.26%
Exhibit Concepts, Inc. OH$9.4M · 0.56%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 813219388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.