Plan Ledger DOL Form 5500 · updated monthly

Great Day Improvements, LLC401(k)

GREAT DAY IMPROVEMENTS, LLC 401(K) PLAN · MACEDONIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Great Day Improvements, LLC reported $192,049 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,110 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 1.23% to 0.27%. 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 458th-largest of 3,295 plans among Ohio employers on file, and the 2,306th of 13,661 in manufacturing. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 704 to 2,902 since 2022.

Plan summary
Net assets, end of year$76,552,684
Participants with balances3,123
Active participants2,902
Employer contributions$3,221,627
Employee contributions$8,508,531
Employer contribution per active participant$1,110
Average account balance$24,513
Benefits paid to participants$12,090,833
Plan auditUnmodified (clean) audit opinion
AuditorCOHEN COMPANY LTD
Plan history3
Yearassets · accounts · employer contribution
2024$76.6M · 3,123 accts · $3.2M emplr
2023$65.2M · 2,732 accts · $2.9M emplr
2022$8.8M · 747 accts · $604K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,049
Total administrative$192,049
The Great Day Improvements, LLC 401(k) match · 2024
Employer contribution per active participant$1,110
Median for plans this size$3,635
2024$1,110 per active participant
2023$980 per active participant
2022$859 per active participant

Great Day Improvements, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$144,049
OSAIC WEALTH, INC. · Investment advisory (plan)$36,000
SAGEPOINT FINANCIAL INC. · Investment advisory (plan)$12,000

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

Administrative cost history3
2024$192,049 · 0.27%
2023$103,752 · 0.28%
2022$103,079 · 1.23%
Same employer
Similar plansManufacturing · Ohio
Remington Products Company OH$78.9M · 0.14%
Vita-Mix Holdings Company OH$76.7M · 0.26%
Heidtman Steel Products OH$75.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273509545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.