Plan Ledger DOL Form 5500 · updated monthly

Cleveland Research Company, LLC401(k)

CLEVELAND RESEARCH COMPANY, LLC PROFIT SHARING 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Cleveland Research Company, LLC reported $71,649 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,307 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,009th-largest of 3,295 plans among Ohio employers on file, and 2,470th of 4,798 in finance & insurance. In 2024, employees put in $4.23 for every $1.00 the employer contributed; active participation has grown from 105 to 124 since 2022.

Plan summary
Net assets, end of year$28,831,281
Participants with balances145
Active participants124
Employer contributions$410,113
Employee contributions$1,733,040
Employer contribution per active participant$3,307
Average account balance$198,836
Benefits paid to participants$637,484
Plan auditUnmodified (clean) audit opinion
AuditorDEMARCO SCIACOTTA WILKENS & DUNLEA
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 145 accts · $410K emplr
2023$23.6M · 140 accts · $349K emplr
2022$18.2M · 128 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,649
Total administrative$71,649
The Cleveland Research Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,307
Median for plans this size$2,416
2024$3,307 per active participant
2023$2,983 per active participant
2022$3,013 per active participant

Cleveland Research Company, LLC's 2024 employer contribution ran above 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$15,152
CONSOLIDATED FINANCIAL MANAGEMENT G · Investment advisory (plan)$56,497

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$71,649 · 0.27%
2023$63,123 · 0.30%
2022$56,385 · 0.28%
Similar plansFinance & Insurance · Ohio
Equity Trust Company OH$29.9M · 0.07%
McGowan & Company, Inc. OH$29.7M · 0.35%
Hummel Group, Inc. OH$29.7M · 0.10%
Superior Credit Union, Inc. OH$28.7M · 0.12%
Sun Federal Credit Union OH$28.7M · 0.30%
Minster Bank OH$27.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204642986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.