Plan Ledger DOL Form 5500 · updated monthly

Clearwater Services Incorporated401(k)

CLEARWATER SERVICES INCORPORATED RETIREMENT PLAN · AKRON, OH · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Clearwater Services Incorporated reported $22,427 in plan administrative expenses for 2022: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,093 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 retail trade employers. By assets it is among the smaller plans on file in Ohio (2,324th of 3,295), and 3,284th of 5,215 in retail trade. In 2022, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,836,134
Participants with balances71
Active participants103
Employer contributions$112,594
Employee contributions$314,465
Employer contribution per active participant$1,093
Average account balance$96,284
Benefits paid to participants$351,927
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,981
Investment management$9,648
Total administrative$22,427
The Clearwater Services Incorporated 401(k) match · 2022
Employer contribution per active participant$1,093
Median for plans this size$1,114

Clearwater Services Incorporated'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$22,427 · 0.33%
Same employer
Similar plansRetail Trade · Ohio
Coler Healthcare, LTD. OH$7.4M · 0.33%
Krieger Ford, Inc OH$7.3M · 1.11%
Ziegler Companies OH$6.9M · 0.12%
Robert McCabe Company Inc OH$6.7M · 0.53%
J.B.K. Group, Inc. OH$6.6M · 0.45%
Q.N.P. Inc. OH$6.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472588898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.