Plan Ledger DOL Form 5500 · updated monthly

Dyer Garofalo Mann & Schultz, Lpa401(k)

DYER GAROFALO MANN & SCHULTZ, LPA 401(K) PROFIT SHARING PLAN · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Dyer Garofalo Mann & Schultz, Lpa reported $81,416 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,143 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 3 years on file its reported administrative ratio has held roughly steady near 0.59%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,607th-largest of 3,295 plans among Ohio employers on file, and 6,593rd of 11,654 in professional & technical services. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 73 to 127 since 2022.

Plan summary
Net assets, end of year$14,872,053
Participants with balances137
Active participants127
Employer contributions$272,160
Employee contributions$367,984
Employer contribution per active participant$2,143
Average account balance$108,555
Benefits paid to participants$156,084
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER
Plan history3
Yearassets · accounts · employer contribution
2024$14.9M · 137 accts · $272K emplr
2023$12.8M · 135 accts · $265K emplr
2022$12.5M · 93 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$600
Investment management$80,816
Total administrative$81,416
The Dyer Garofalo Mann & Schultz, Lpa 401(k) match · 2024
Employer contribution per active participant$2,143
Median for plans this size$2,416
2024$2,143 per active participant
2023$2,006 per active participant
2022$3,489 per active participant

Dyer Garofalo Mann & Schultz, Lpa'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.

Administrative cost history3
2024$81,416 · 0.59%
2023$73,078 · 0.58%
2022$83,559 · 0.58%
Similar plansProfessional & Technical Services · Ohio
Basic Systems Inc OH$15.1M · 0.41%
Pease Bell Cpas, LLC OH$15.1M · 0.50%
Kern, Inc. OH$14.8M · 0.44%
The Adcom Group, Inc. OH$14.7M · 0.05%
Sigma Technologies, LTD OH$14.5M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 316039364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.