Plan Ledger DOL Form 5500 · updated monthly

Empire Marketing Strategies, Inc.401(k)

RETAIL SPECIALISTS 401(K) PLAN · BLUE ASH, OH · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Empire Marketing Strategies, Inc. reported $230,789 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,564 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 0.325%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 463rd-largest of 3,295 plans among Ohio employers on file, and the 548th of 4,246 in wholesale trade. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 1,127 to 1,332 since 2022.

Plan summary
Net assets, end of year$75,192,538
Participants with balances1,366
Active participants1,332
Employer contributions$2,082,901
Employee contributions$5,262,890
Employer contribution per active participant$1,564
Average account balance$55,046
Benefits paid to participants$8,394,142
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.2M · 1,366 accts · $2.1M emplr
2023$67.0M · 1,403 accts · $1.9M emplr
2022$57.6M · 1,724 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,871
Investment management$80,474
Audit (IQPA)$15,000
Total administrative$230,789
The Empire Marketing Strategies, Inc. 401(k) match · 2024
Employer contribution per active participant$1,564
Median for plans this size$3,635
2024$1,564 per active participant
2023$1,656 per active participant
2022$1,552 per active participant

Empire Marketing Strategies, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$40,474
CREATIVE PLANNING LLC · Investment advisory (plan)$40,000
BARNES, DENNIG AND CO. LTD · Accounting / audit$15,000
EMPIRE MARKETING STRATEGIES INC$444

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$230,789 · 0.32%
2023$225,178 · 0.36%
2022$192,440 · 0.32%
Same employer
Similar plansWholesale Trade · Ohio
Meridian Bioscience, Inc. OH$90.5M · 0.19%
Transtar Industries, LLC OH$85.9M · 0.11%
The Habegger Corporation OH$81.5M · 0.21%
Imcd Holdings U.S., Inc. OH$79.5M · 0.19%
Gunton Corporation OH$71.4M · 0.16%
Takkt Foodservices, LLC OH$62.5M · 0.18%
Wmk Inc OH$62.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311133276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.