Plan Ledger DOL Form 5500 · updated monthly

Fanning/Howey Associates, Inc.401(k)

FANNING/HOWEY ASSOC., INC. 401(K) PS PLAN · CELINA, OH · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Fanning/Howey Associates, Inc. reported $43,081 in plan administrative expenses for 2023: 0.16% of average plan assets, below the peer median. Employer contributions averaged $820 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 0.12% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,001st-largest of 3,295 plans among Ohio employers on file, and the 4,267th of 11,654 in professional & technical services. In 2023, employees put in $11.92 for every $1.00 the employer contributed; active participation has grown from 97 to 108 since 2022.

Plan summary
Net assets, end of year$29,208,563
Participants with balances169
Active participants108
Employer contributions$88,597
Employee contributions$1,056,348
Employer contribution per active participant$820
Average account balance$172,832
Benefits paid to participants$1,041,001
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, WARE & SCHOENFELD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 172 accts · $100K emplr
2023$29.2M · 169 accts · $89K emplr
2022$24.6M · 164 accts · $82K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,341
Investment management$28,740
Total administrative$43,081
The Fanning/Howey Associates, Inc. 401(k) match · 2023
Employer contribution per active participant$820
Median for plans this size$2,440
2024$835 per active participant
2023$820 per active participant
2022$846 per active participant

Fanning/Howey Associates, Inc.'s 2023 employer contribution ran below the $2,440 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 · 20233
ASCENSUS LLC · Loan processing · Recordkeeping$14,341
GLOBAL RETIREMENT PARTNERS · Investment advisory (plan)$26,141
MORNINGSTAR$2,598

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$45,028 · 0.16%
2023$43,081 · 0.16%
2022$32,045 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Ohio
Unwin Company OH$30.0M · 0.01%
Bsi Engineering, LLC OH$29.3M · 0.31%
The Sheakley Group, Inc. OH$29.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341053065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.