Plan Ledger DOL Form 5500 · updated monthly

Clubessential Holdings, LLC401(k)

CLUBESSENTIAL HOLDINGS, LLC 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Clubessential Holdings, LLC reported $51,839 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,620 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 0.51% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,150th-largest of 3,295 plans among Ohio employers on file, and the 909th of 2,199 in information & media. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,371,375
Participants with balances470
Active participants517
Employer contributions$1,354,516
Employee contributions$2,819,277
Employer contribution per active participant$2,620
Average account balance$51,854
Benefits paid to participants$966,431
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 470 accts · $1.4M emplr
2023$17.9M · 431 accts · $1.3M emplr
2022$11.6M · 458 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,439
Investment management$30,222
Trustee / custodial$9,178
Total administrative$51,839
The Clubessential Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$2,620
Median for plans this size$2,416
2024$2,620 per active participant
2023$2,410 per active participant
2022$2,068 per active participant

Clubessential Holdings, 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 · 20243
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$12,439
HORAN SECURITIES INC. · Investment advisory (plan)$30,222
NEWPORT TRUST COMPANY · Trustee$9,178

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$51,839 · 0.25%
2023$66,114 · 0.45%
2022$54,437 · 0.51%
Similar plansInformation & Media · Ohio
Babcox Media, Inc. OH$31.5M · 0.34%
Horizon Telcom OH$29.1M · 0.23%
Ideastream OH$28.3M · 0.12%
Brandmuscle Holdings, Inc. OH$27.9M · 0.81%
Mim Software Inc. OH$21.6M · 0.27%
Mills-James Inc OH$20.7M · 0.18%
Turning Technologies, LLC OH$19.6M · 0.19%
Bold Penguin, Inc. OH$18.7M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813166532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.