Plan Ledger DOL Form 5500 · updated monthly

Cincy Clips, Inc.401(k)

CINCY CLIPS, INC. 401(K) RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2022

Reported admin expense ratio · 2022
1.57%

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

Cincy Clips, Inc. reported $9,170 in plan administrative expenses for 2022: 1.57% of average plan assets, above the peer median. Employer contributions averaged $334 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (3,205th of 3,295), and 5,059th of 5,215 in retail trade. In 2022, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$555,917
Participants with balances54
Active participants171
Employer contributions$57,109
Employee contributions$67,271
Employer contribution per active participant$334
Average account balance$10,295
Benefits paid to participants$34,085
Plan auditUnmodified (clean) audit opinion
AuditorFLYNN & COMPANY, INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,170
Total administrative$9,170
The Cincy Clips, Inc. 401(k) match · 2022
Employer contribution per active participant$334
Median for plans this size$331

Cincy Clips, Inc.'s 2022 employer contribution ran above the $331 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$9,170 · 1.57%
Similar plansRetail Trade · Ohio
Sarchione Auto Group, LTD OH$764K · 1.77%
Mp Management 3, LLC OH$611K · 0.75%
Servatii, Inc. OH$314K · 0.08%
Oberers Flowers, Inc. OH$218K · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300075215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.