Plan Ledger DOL Form 5500 · updated monthly

Foxx & Company401(k)

FOXX GROUP 401(K) PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.32%

Foxx & Company reported $9,370 in plan administrative expenses for 2023: 0.32% of average plan assets, below the peer median. 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 has held roughly steady near 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,865th of 3,295), and 10,542nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,993,650
Participants with balances86
Active participants1,123
Employer contributions—
Employee contributions$194,126
Employer contribution per active participant—
Average account balance$34,810
Benefits paid to participants$512,356
Plan auditUnmodified (clean) audit opinion
AuditorFLYNN & COMPANY, INC.
Plan history2
Yearassets · accounts · employer contribution
2023$3.0M · 86 accts
2022$2.8M · 105 accts · $262 emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,370
Total administrative$9,370
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 · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$9,369

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$9,370 · 0.32%
2022$10,265 · 0.33%
Similar plansProfessional & Technical Services · Ohio
K & D OH$3.2M · 1.39%
Groundsystems Inc OH$3.0M · 0.23%
The Lisinski Law Firm OH$2.7M · 0.58%
Strategic Systems Inc OH$2.7M · 0.03%
Vertical Knowledge L.L.C. OH$2.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311041562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.