Plan Ledger DOL Form 5500 · updated monthly

Cole and Russell Architects, Inc.401(k)

COLE + RUSSELL ARCHITECTS, INC. 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.06%

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

Cole and Russell Architects, Inc. reported $3,220 in plan administrative expenses for 2023: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,034 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 1 year on file its reported administrative ratio fell from 0.21% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,453rd of 3,295), and 9,507th of 11,654 in professional & technical services. In 2023, employees put in $4.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,710,680
Participants with balances91
Active participants24
Employer contributions$48,812
Employee contributions$202,406
Employer contribution per active participant$2,034
Average account balance$62,755
Benefits paid to participants$726,939
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO., LTD.
Plan history2
Yearassets · accounts · employer contribution
2023$5.7M · 91 accts · $49K emplr
2022$4.9M · 109 accts · $109K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,220
Total administrative$3,220
The Cole and Russell Architects, Inc. 401(k) match · 2023
Employer contribution per active participant$2,034
Median for plans this size$1,308
2023$2,034 per active participant
2022$2,542 per active participant

Cole and Russell Architects, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,219
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect 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 history2
2023$3,220 · 0.06%
2022$10,415 · 0.21%
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Source: U.S. Department of Labor, Form 5500 series, EIN 311046612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.