Plan Ledger DOL Form 5500 · updated monthly

Cold Jet, LLC401(k)

COLD JET, LLC RETIREMENT SAVINGS 401(K) PROFIT SHARING PLAN · LOVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Cold Jet, LLC reported $58,802 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,374 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 0.39% to 0.29%. 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 1,265th-largest of 3,295 plans among Ohio employers on file, and the 5,728th of 13,661 in manufacturing. In 2024, employees put in $3.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,140,229
Participants with balances181
Active participants144
Employer contributions$341,836
Employee contributions$1,179,031
Employer contribution per active participant$2,374
Average account balance$116,797
Benefits paid to participants$2,378,442
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG AND CO. LTD
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 181 accts · $342K emplr
2023$19.1M · 179 accts · $411K emplr
2022$15.2M · 163 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,466
Investment management$7,441
Total administrative$58,802
The Cold Jet, LLC 401(k) match · 2024
Employer contribution per active participant$2,374
Median for plans this size$2,416
2024$2,374 per active participant
2023$2,685 per active participant
2022$2,588 per active participant

Cold Jet, 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 · 20242
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$7,432
PNC BANK NATIONAL ASSOCIATIONindirect 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$58,802 · 0.29%
2023$46,668 · 0.27%
2022$64,899 · 0.39%
Same employer
Similar plansManufacturing · Ohio
Surface Combustion, Inc. OH$21.4M · 0.61%
Webb-Stiles Company OH$21.2M · 0.26%
Ctg, LLC OH$21.0M · 0.04%
Mar-Bal, Inc. OH$20.9M · 0.69%
Anomatic Corporation OH$20.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200229498 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.