Plan Ledger DOL Form 5500 · updated monthly

Elford, Inc.401(k)

ELFORD, INC. 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Elford, Inc. reported $7,050 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,443 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 fell from 0.05% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,230th-largest of 3,295 plans among Ohio employers on file, and the 1,876th of 5,337 in construction. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,259,625
Participants with balances290
Active participants197
Employer contributions$1,072,270
Employee contributions$1,682,548
Employer contribution per active participant$5,443
Average account balance$76,757
Benefits paid to participants$2,074,044
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 290 accts · $1.1M emplr
2023$18.8M · 276 accts · $1.1M emplr
2022$15.4M · 274 accts · $935K emplr
The Elford, Inc. 401(k) match · 2024
Employer contribution per active participant$5,443
Median for plans this size$2,416
2024$5,443 per active participant
2023$4,791 per active participant
2022$4,585 per active participant

Elford, Inc.'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 · 20243
THE JOSEPH GROUP, LLCindirect comp
CREATIVE RETIREMENT SYSTEMS, INC · Other servicesindirect comp

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

Administrative cost history3
2024$7,050 · 0.03%
2023$5,925 · 0.03%
2022$7,550 · 0.05%
Same employer
Similar plansConstruction · Ohio
Hgc Construction Co. OH$23.9M · 0.50%
E.S. Wagner Company OH$23.7M · 0.31%
Mbc Holdings of Ohio Inc. OH$23.5M · 0.47%
Roth Bros., Inc. OH$22.0M · 0.45%
McNational, Inc. OH$21.8M · 0.13%
K. West Group, LLC OH$21.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314371060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.