Plan Ledger DOL Form 5500 · updated monthly

Ernst Enterprises, Inc.401(k)

ERNST ENTERPRISES RETIREMENT SAVINGS PLAN · VANDALIA, 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

Ernst Enterprises, Inc. reported $28,775 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,420 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 0.02% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 321st-largest of 3,295 plans among Ohio employers on file, and the 526th of 5,337 in construction. In 2024, the employer put in $2.58 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$122,030,160
Participants with balances1,218
Active participants1,123
Employer contributions$15,070,404
Employee contributions$5,843,071
Employer contribution per active participant$13,420
Average account balance$100,189
Benefits paid to participants$13,182,468
Plan auditUnmodified (clean) audit opinion
AuditorKENTNER SELLERS
Plan history3
Yearassets · accounts · employer contribution
2024$122.0M · 1,218 accts · $15.1M emplr
2023$103.1M · 1,201 accts · $14.4M emplr
2022$79.0M · 1,124 accts · $9.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,775
Total administrative$28,775
The Ernst Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$13,420
Median for plans this size$3,635
2024$13,420 per active participant
2023$13,025 per active participant
2022$9,126 per active participant

Ernst Enterprises, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$28,775

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$28,775 · 0.03%
2023$23,300 · 0.03%
2022$19,625 · 0.02%
Same employer
Similar plansConstruction · Ohio
Sheet Metal Workers Local 33 OH$176.5M · 0.18%
The Fishel Company OH$141.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311031307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.