Plan Ledger DOL Form 5500 · updated monthly

Columbus Equipment Company401(k)

COLUMBUS EQUIPMENT COMPANY SAVINGS PLAN AND TRUST · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Columbus Equipment Company reported $58,606 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,466 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 rose from 0.05% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 904th-largest of 3,295 plans among Ohio employers on file, and the 1,244th of 4,246 in wholesale trade. In 2024, employees put in $4.44 for every $1.00 the employer contributed; active participation has grown from 246 to 326 since 2022.

Plan summary
Net assets, end of year$33,134,050
Participants with balances350
Active participants326
Employer contributions$477,811
Employee contributions$2,120,631
Employer contribution per active participant$1,466
Average account balance$94,669
Benefits paid to participants$3,804,684
Plan auditUnmodified (clean) audit opinion
AuditorHILL BARTH AND KING
Plan history3
Yearassets · accounts · employer contribution
2024$33.1M · 350 accts · $478K emplr
2023$29.8M · 311 accts · $600K emplr
2022$26.9M · 273 accts · $586K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,698
Investment management$18,908
Total administrative$58,606
The Columbus Equipment Company 401(k) match · 2024
Employer contribution per active participant$1,466
Median for plans this size$2,416
2024$1,466 per active participant
2023$2,099 per active participant
2022$2,382 per active participant

Columbus Equipment Company'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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$43,606
BEACON HILL INVESTMENT ADVISOR · Investment management$15,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$58,606 · 0.19%
2023$50,845 · 0.18%
2022$14,814 · 0.05%
Similar plansWholesale Trade · Ohio
Lyden Oil Company OH$36.6M · 0.26%
Fasteners for Retail, Inc. OH$35.9M · 0.07%
Ohio Valley Flooring, Inc. OH$31.8M · 0.18%
Keim Lumber Company OH$31.1M · 0.31%
Jenne, Inc. OH$29.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314390542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.