Plan Ledger DOL Form 5500 · updated monthly

Gooch & Housego (Ohio) LLC.401(k)

GOOCH & HOUSEGO 401(K) PLAN · HIGHLAND HEIGHTS, OH · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Gooch & Housego (Ohio) LLC. reported $174,351 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $4,444 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 has held roughly steady near 0.365%. 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 655th-largest of 3,295 plans among Ohio employers on file, and the 3,156th of 13,661 in manufacturing. In 2023, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,999,875
Participants with balances455
Active participants355
Employer contributions$1,577,609
Employee contributions$3,164,630
Employer contribution per active participant$4,444
Average account balance$109,890
Benefits paid to participants$10,620,514
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$50.0M · 455 accts · $1.6M emplr
2022$45.6M · 527 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$174,351
Total administrative$174,351
The Gooch & Housego (Ohio) LLC. 401(k) match · 2023
Employer contribution per active participant$4,444
Median for plans this size$2,440
2023$4,444 per active participant
2022$3,623 per active participant

Gooch & Housego (Ohio) LLC.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$174,351
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$174,351 · 0.36%
2022$161,797 · 0.36%
Same employer
Similar plansManufacturing · Ohio
Grammer Inc. OH$52.6M · 0.59%
Candle-Lite Company, LLC OH$52.1M · 0.24%
Michelman, Inc. OH$50.2M · 0.07%
The Dupps Company OH$49.3M · 0.12%
Stratus Unlimited, LLC OH$49.1M · 0.44%
Gold Medal Products Co. OH$48.9M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341125695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.