Plan Ledger DOL Form 5500 · updated monthly

Geis Construction, Inc.401(k)

GEIS CONSTRUCTION, INC. 401 (K) PROFIT SHARING PLAN · STREETSBORO, OH · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Geis Construction, Inc. reported $2,510 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,144 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 fell from 0.18% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,627th-largest of 3,295 plans among Ohio employers on file, and the 2,513th of 5,337 in construction. In 2024, employees put in $3.67 for every $1.00 the employer contributed; active participation has shrunk from 206 to 106 since 2022.

Plan summary
Net assets, end of year$14,615,196
Participants with balances56
Active participants106
Employer contributions$227,264
Employee contributions$834,234
Employer contribution per active participant$2,144
Average account balance$260,986
Benefits paid to participants$380,414
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 56 accts · $227K emplr
2023$12.2M · 16 accts · $203K emplr
2022$10.7M · 145 accts · $190K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,510
Total administrative$2,510
The Geis Construction, Inc. 401(k) match · 2024
Employer contribution per active participant$2,144
Median for plans this size$2,416
2024$2,144 per active participant
2023$1,419 per active participant
2022$921 per active participant

Geis Construction, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20244
NATIONWIDE · Recordkeeping$45,609
NATIONWIDE · Recordkeeping$3,739
NATIONWIDE RETIREMENT PLANS · Recordkeeping$441
LPL FINANCIAL LLC · Investment managementindirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$2,510 · 0.02%
2023$17,699 · 0.15%
2022$21,030 · 0.18%
Same employer
Similar plansConstruction · Ohio
Romanoff Electric, Inc. OH$15.3M · 1.23%
Trans Ash, Inc. OH$14.9M · 0.02%
O'Rourke Wrecking Company OH$14.7M · 0.01%
Marker, Inc. OH$13.9M · 0.61%
Seam Group LLC OH$13.5M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341893819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.