Plan Ledger DOL Form 5500 · updated monthly

Dearing Compressor & Pump Company401(k)

DEARING COMPRESSOR & PUMP COMPANY 401(K) SAVINGS & RETIREMENT PLAN · YOUNGSTOWN, OH · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Dearing Compressor & Pump Company reported $85,410 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $4,785 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 0.33% to 0.36%. 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 1,100th-largest of 3,295 plans among Ohio employers on file, and the 1,544th of 4,246 in wholesale trade. In 2024, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,632,329
Participants with balances251
Active participants191
Employer contributions$913,884
Employee contributions$1,160,723
Employer contribution per active participant$4,785
Average account balance$102,121
Benefits paid to participants$1,865,196
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 251 accts · $914K emplr
2023$22.3M · 238 accts · $896K emplr
2022$20.9M · 212 accts · $516K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,933
Investment management$35,952
Total administrative$85,410
The Dearing Compressor & Pump Company 401(k) match · 2024
Employer contribution per active participant$4,785
Median for plans this size$2,416
2024$4,785 per active participant
2023$5,179 per active participant
2022$2,901 per active participant

Dearing Compressor & Pump Company's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
JOHN HANCOCK USA · Recordkeeping · Investment management$1,238
RAYMOND JAMES FSA INC · Investment advisory (participants)$35,952

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$85,410 · 0.36%
2023$81,948 · 0.38%
2022$75,514 · 0.33%
Same employer
Similar plansWholesale Trade · Ohio
Jenne, Inc. OH$29.5M · 0.02%
The House of Larose, Inc OH$27.3M · 0.16%
Lns America, Inc. OH$25.6M · 0.44%
Triad Technologies, LLC OH$25.5M · 0.16%
Kurtz Bros., Inc. OH$24.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340665113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.