Plan Ledger DOL Form 5500 · updated monthly

Chemstation International, Inc.401(k)

CHEMSTATION RETIREMENT SAVINGS PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Chemstation International, Inc. reported $58,133 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $2,689 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 0.29% to 0.31%. 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 1,331st-largest of 3,295 plans among Ohio employers on file, and the 5,969th of 13,661 in manufacturing. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 122 to 155 since 2022.

Plan summary
Net assets, end of year$19,800,197
Participants with balances207
Active participants155
Employer contributions$416,804
Employee contributions$1,053,141
Employer contribution per active participant$2,689
Average account balance$95,653
Benefits paid to participants$1,466,855
Plan auditUnmodified (clean) audit opinion
AuditorBARNES, DENING, & CO., LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 207 accts · $417K emplr
2023$17.5M · 199 accts · $330K emplr
2022$14.2M · 171 accts · $308K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,621
Investment management$24,722
Trustee / custodial$5,790
Total administrative$58,133
The Chemstation International, Inc. 401(k) match · 2024
Employer contribution per active participant$2,689
Median for plans this size$2,416
2024$2,689 per active participant
2023$2,188 per active participant
2022$2,524 per active participant

Chemstation International, Inc.'s 2024 employer contribution ran above 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
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$27,621
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$24,722
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$5,790

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$58,133 · 0.31%
2023$47,858 · 0.30%
2022$44,853 · 0.29%
Same employer
Similar plansManufacturing · Ohio
Tfp Corporation OH$19.8M · 0.23%
Coastal Pet Products, Inc. OH$19.5M · 0.39%
The Great Lakes Brewing Co. OH$19.5M · 0.43%
Clark Grave Vault Company OH$19.5M · 0.25%
Sifco Industries, Inc. OH$19.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311067773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.