Plan Ledger DOL Form 5500 · updated monthly

Express, LLC401(k)

EXPRESS SAVINGS AND RETIREMENT PLAN · COLUMBUS, OH · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Express, LLC reported $144,423 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,054 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 1 year on file its reported administrative ratio rose from 0.10% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 288th-largest of 3,295 plans among Ohio employers on file, and the 287th of 5,215 in retail trade. In 2023, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$138,011,974
Participants with balances2,250
Active participants3,982
Employer contributions$4,198,213
Employee contributions$8,565,104
Employer contribution per active participant$1,054
Average account balance$61,339
Benefits paid to participants$32,341,449
Plan auditUnmodified (clean) audit opinion
AuditorARY ROEPCKE MULCHAEY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$138.0M · 2,250 accts · $4.2M emplr
2022$131.5M · 2,337 accts · $3.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$139,379
Total administrative$144,423
The Express, LLC 401(k) match · 2023
Employer contribution per active participant$1,054
Median for plans this size$3,659
2023$1,054 per active participant
2022$728 per active participant

Express, LLC's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
T ROWE PRICE RPS INC · Recordkeeping · Trustee$22,426
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$116,952

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

Administrative cost history2
2023$144,423 · 0.11%
2022$143,839 · 0.10%
Same employer
Similar plansRetail Trade · Ohio
Franchise Group, Inc. OH$158.2M · 0.25%
Phoenix Retail, LLC OH$141.0M · 0.09%
Carepathrx Midco Inc. OH$132.7M · 0.24%
Big Sandy Furniture, Inc. OH$128.1M · 0.04%
Devco Holdings, Inc. OH$106.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542170160 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.