Plan Ledger DOL Form 5500 · updated monthly

Clarke Power Services, Inc.401(k)

CLARKE POWER SERVICES, INC. EMPLOYEE RETIREMENT SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Clarke Power Services, Inc. reported $217,741 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,674 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 0.23% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 388th-largest of 3,295 plans among Ohio employers on file, and the 440th of 4,246 in wholesale trade. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 771 to 686 since 2022.

Plan summary
Net assets, end of year$94,584,283
Participants with balances917
Active participants686
Employer contributions$2,520,299
Employee contributions$5,211,229
Employer contribution per active participant$3,674
Average account balance$103,145
Benefits paid to participants$7,135,822
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$94.6M · 917 accts · $2.5M emplr
2023$83.6M · 975 accts · $2.7M emplr
2022$70.0M · 970 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$217,741
Total administrative$217,741
The Clarke Power Services, Inc. 401(k) match · 2024
Employer contribution per active participant$3,674
Median for plans this size$3,635
2024$3,674 per active participant
2023$3,537 per active participant
2022$3,076 per active participant

Clarke Power Services, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$217,693
PRINCIPAL SECURITIES, INC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$217,741 · 0.24%
2023$184,376 · 0.24%
2022$170,873 · 0.23%
Same employer
Similar plansWholesale Trade · Ohio
Buyers Products Company OH$100.8M · 0.36%
Brg Sports, Inc. OH$99.4M · 0.15%
Perry Protech OH$95.7M · 0.01%
Wasserstrom Holdings, Inc. OH$95.0M · 0.13%
Brothers Trading Co., Inc. OH$94.1M · 0.05%
Meridian Bioscience, Inc. OH$90.5M · 0.19%
Transtar Industries, LLC OH$85.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310682368 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.