Plan Ledger DOL Form 5500 · updated monthly

Current HR401(k)

CURRENT HR 401(K) PLAN · FORT WRIGHT, KY · plan year 2024

Reported admin expense ratio · 2024
1.31%

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

Current HR reported $85,883 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,194 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 rose from 1.02% to 1.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kentucky (538th of 871), and 8,660th of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,064,197
Participants with balances625
Active participants565
Employer contributions$674,866
Employee contributions$1,351,654
Employer contribution per active participant$1,194
Average account balance$12,903
Benefits paid to participants$810,235
Plan auditUnmodified (clean) audit opinion
AuditorJASON F. CLAUSEN, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$8.1M · 625 accts · $675K emplr
2023$5.0M · 346 accts · $495K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,623
Investment management$9,260
Total administrative$85,883
The Current HR 401(k) match · 2024
Employer contribution per active participant$1,194
Median for plans this size$1,313
2024$1,194 per active participant
2023$1,925 per active participant

Current HR's 2024 employer contribution ran below the $1,313 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
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$76,623
SLAVIC MUTUAL FUND MANAGEMENT CORP · Investment management$9,260

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

Recordkeeper by year2
2024Slavic401k
2023Slavic401k

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

Administrative cost history2
2024$85,883 · 1.31%
2023$40,496 · 1.02%
Same employer
Similar plansProfessional & Technical Services · Kentucky
Ovare Group Inc. KY$9.1M · 0.67%
Netgain Technologies, LLC KY$8.6M · 0.74%
The Beverage Market, LLC KY$6.7M · 0.15%
Coolsoft LLC KY$6.6M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 852496075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.