Plan Ledger DOL Form 5500 · updated monthly

Gojo Industries, Inc.401(k)

GOJO RETIREMENT SAVINGS PLAN · AKRON, OH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Gojo Industries, Inc. reported $120,431 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,801 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 0.03% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 182nd-largest of 3,295 plans among Ohio employers on file, and the 1,011th of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has shrunk from 1,964 to 1,646 since 2022.

Plan summary
Net assets, end of year$244,695,812
Participants with balances2,115
Active participants1,646
Employer contributions$6,256,811
Employee contributions$11,865,614
Employer contribution per active participant$3,801
Average account balance$115,695
Benefits paid to participants$29,199,778
Plan auditUnmodified (clean) audit opinion
AuditorBOBER MARKEY & FEDOROVICH
Plan history3
Yearassets · accounts · employer contribution
2024$244.7M · 2,115 accts · $6.3M emplr
2023$226.2M · 2,207 accts · $6.7M emplr
2022$212.0M · 2,347 accts · $7.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,725
Investment management$103,706
Total administrative$120,431
The Gojo Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$3,801
Median for plans this size$3,635
2024$3,801 per active participant
2023$3,894 per active participant
2022$3,573 per active participant

Gojo Industries, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$18,078
CAPFINANCIAL PARTNERS, LLC · Investment management$95,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$120,431 · 0.05%
2023$160,305 · 0.07%
2022$72,657 · 0.03%
Same employer
Similar plansManufacturing · Ohio
Trico Group, LLC OH$302.9M · 0.22%
Proampac Holdings Inc. OH$298.6M · 0.22%
Tarkett Finance Inc. OH$286.6M · 0.17%
Vibrantz Corporation OH$253.2M · 0.06%
Metallus Inc. OH$218.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340659953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.