Plan Ledger DOL Form 5500 · updated monthly

General Data Company Inc.401(k)

GENERAL DATA COMPANY INC. 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.22%

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

General Data Company Inc. reported $38,138 in plan administrative expenses for 2023: 0.22% of average plan assets, below the peer median. Employer contributions averaged $953 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 0.14% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,410th-largest of 3,295 plans among Ohio employers on file, and the 6,262nd of 13,661 in manufacturing. In 2023, employees put in $4.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,345,870
Participants with balances250
Active participants258
Employer contributions$245,755
Employee contributions$1,056,840
Employer contribution per active participant$953
Average account balance$73,383
Benefits paid to participants$2,386,335
Plan auditDisclaimer of opinion
AuditorRUZOMBERKA HOLLAND SMITH, INC.
Plan history2
Yearassets · accounts · employer contribution
2023$18.3M · 250 accts · $246K emplr
2022$16.2M · 262 accts · $275K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,730
Investment management$9,558
Audit (IQPA)$17,000
Total administrative$38,138
The General Data Company Inc. 401(k) match · 2023
Employer contribution per active participant$953
Median for plans this size$2,440
2023$953 per active participant
2022$976 per active participant

General Data Company 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 · 20236
RUZOMBERKA HOLLAND SMITH, INC.$17,000
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$6,231
COMMONWEALTH EQUITY SERVICESindirect comp
CREATIVE RETIREMENT SYSTEMS, INC · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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$38,138 · 0.22%
2022$21,856 · 0.14%
Same employer
Similar plansManufacturing · Ohio
F.C. Industries, Inc. OH$18.4M · 0.45%
Pako, Inc. OH$18.4M · 0.87%
Clampco Products, Inc. OH$18.4M · 0.19%
Western Management, Inc. OH$18.4M · 0.09%
Powers and Sons, LLC OH$18.3M · 0.41%
Dynamic Dies, Inc OH$18.3M · 0.06%
Gfs Chemicals, Inc. OH$18.3M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251409703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.