Plan Ledger DOL Form 5500 · updated monthly

Chestnut Land Company401(k)

CHESTNUT LAND COMPANY 401(K) PROFIT SHARING PLAN · BOARDMAN, OH · plan year 2022

Reported admin expense ratio · 2022
0.05%

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

Chestnut Land Company reported $1,324 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $740 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,959th of 3,295), and 1,336th of 2,240 in accommodation & food services. In 2022, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,376,780
Participants with balances79
Active participants139
Employer contributions$102,854
Employee contributions$162,954
Employer contribution per active participant$740
Average account balance$30,086
Benefits paid to participants$169,681
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,324
Total administrative$1,324
The Chestnut Land Company 401(k) match · 2022
Employer contribution per active participant$740
Median for plans this size$1,114

Chestnut Land Company's 2022 employer contribution ran below 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 history1
2022$1,324 · 0.05%
Same employer
Similar plansAccommodation & Food Services · Ohio
Bennett Management Corp. OH$2.5M · 1.20%
Pacific Food Inc OH$2.4M · 1.07%
Bertram Inn OH$2.4M · 1.34%
Madtree Brewing, LLC OH$2.2M · 1.83%
Twin Tier Hospitality LLC OH$2.2M · 1.33%
Kendall House, Inc. OH$2.2M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341715570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.