Plan Ledger DOL Form 5500 · updated monthly

Clark-Reliance LLC401(k)

CLARK-RELIANCE LLC 401(K) AND PROFIT SHARING PLAN · STRONGSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Clark-Reliance LLC reported $61,901 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,349 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 0.23% to 0.20%. 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 908th-largest of 3,295 plans among Ohio employers on file, and the 4,201st of 13,661 in manufacturing. In 2024, employees put in $2.94 for every $1.00 the employer contributed; active participation has grown from 223 to 276 since 2022.

Plan summary
Net assets, end of year$32,900,263
Participants with balances339
Active participants276
Employer contributions$648,362
Employee contributions$1,908,206
Employer contribution per active participant$2,349
Average account balance$97,051
Benefits paid to participants$3,306,816
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 339 accts · $648K emplr
2023$29.2M · 298 accts · $363K emplr
2022$27.5M · 276 accts · $339K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,269
Investment management$37,632
Total administrative$61,901
The Clark-Reliance LLC 401(k) match · 2024
Employer contribution per active participant$2,349
Median for plans this size$2,416
2024$2,349 per active participant
2023$1,435 per active participant
2022$1,519 per active participant

Clark-Reliance LLC's 2024 employer contribution ran below 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
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$30,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,269
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,632

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$61,901 · 0.20%
2023$61,101 · 0.22%
2022$69,317 · 0.23%
Same employer
Similar plansManufacturing · Ohio
Horizons Incorporated OH$33.8M · 0.01%
Hose Master, LLC OH$33.7M · 0.09%
Mayfran International, Inc. OH$33.0M · 0.27%
The Prince & Izant Company OH$32.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340923142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.