Plan Ledger DOL Form 5500 · updated monthly

Ems Savings Plan401(k)

EMS SAVINGS PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Ems Savings Plan reported $33,484 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $841 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 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Ohio (1,713th of 3,295), and 3,659th of 4,798 in finance & insurance. In 2024, employees put in $3.28 for every $1.00 the employer contributed; active participation has grown from 215 to 408 since 2022.

Plan summary
Net assets, end of year$13,333,319
Participants with balances217
Active participants408
Employer contributions$343,169
Employee contributions$1,124,108
Employer contribution per active participant$841
Average account balance$61,444
Benefits paid to participants$1,220,473
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 217 accts · $343K emplr
2023$11.5M · 198 accts · $225K emplr
2022$8.8M · 166 accts · $224K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,189
Investment management$4,295
Total administrative$33,484
The Ems Savings Plan 401(k) match · 2024
Employer contribution per active participant$841
Median for plans this size$2,416
2024$841 per active participant
2023$733 per active participant
2022$1,042 per active participant

Ems Savings Plan's 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$29,189

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$33,484 · 0.27%
2023$28,067 · 0.28%
2022$27,395 · 0.28%
Same employer
Similar plansFinance & Insurance · Ohio
Mechanics Bank OH$14.2M · 0.57%
Roundstone Management, LTD. OH$13.5M · 0.03%
First State Bank OH$11.9M · 0.29%
Desco Federal Credit Union OH$11.8M · 0.22%
Hauser, Inc. dba Hauser OH$11.6M · 0.15%
Guardian Savings Bank OH$11.6M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341569688 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.