Plan Ledger DOL Form 5500 · updated monthly

Geo. Byers Sons Holding, Inc.401(k)

GEO. BYERS SONS, 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Geo. Byers Sons Holding, Inc. reported $135,589 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $717 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 0.79% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 653rd-largest of 3,295 plans among Ohio employers on file, and the 646th of 5,215 in retail trade. In 2024, employees put in $7.58 for every $1.00 the employer contributed; active participation has grown from 680 to 750 since 2022.

Plan summary
Net assets, end of year$50,428,933
Participants with balances1,024
Active participants750
Employer contributions$537,398
Employee contributions$4,071,168
Employer contribution per active participant$717
Average account balance$49,247
Benefits paid to participants$2,375,432
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.4M · 1,024 accts · $537K emplr
2023$42.9M · 1,010 accts · $588K emplr
2022$36.5M · 776 accts · $547K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,589
Total administrative$135,589
The Geo. Byers Sons Holding, Inc. 401(k) match · 2024
Employer contribution per active participant$717
Median for plans this size$2,416
2024$717 per active participant
2023$805 per active participant
2022$804 per active participant

Geo. Byers Sons Holding, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
NATIONWIDE · Recordkeeping · Investment advisory (participants)$21,502
A P S - PENTEGRA · Contract administrator · Plan administrator$13,160
PENTEGRA SERVICES INC · Contract administrator · Plan administrator$241
PROACCOUNT · Investment advisory (participants)$75,518
PW PARTNERS · Accounting / audit$20,000
PPA/TPA · Investment advisory (participants)$2,006

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, Pentegra
2023Nationwide, Pentegra

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

Administrative cost history3
2024$135,589 · 0.29%
2023$322,890 · 0.81%
2022$304,819 · 0.79%
Same employer
Similar plansRetail Trade · Ohio
Kenwood Dealer Group, Inc. OH$57.9M · 0.19%
Fyda, Inc. OH$54.7M · 0.53%
Ken Ganley Companies OH$54.0M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 314139860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.