Plan Ledger DOL Form 5500 · updated monthly

Greater Cleveland Partnership401(k)

GREATER CLEVELAND PARTNERSHIP 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Greater Cleveland Partnership reported $73,060 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $5,855 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,383rd-largest of 3,295 plans among Ohio employers on file, and the 1,102nd of 3,341 in other services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,875,581
Participants with balances133
Active participants80
Employer contributions$468,388
Employee contributions$813,453
Employer contribution per active participant$5,855
Average account balance$141,922
Benefits paid to participants$1,551,828
Plan auditUnmodified (clean) audit opinion
AuditorPARMSCOMPANYLLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,880
Investment management$45,180
Total administrative$73,060
The Greater Cleveland Partnership 401(k) match · 2024
Employer contribution per active participant$5,855
Median for plans this size$2,416

Greater Cleveland Partnership's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
VANTAGE FINANCIAL GROUP INC · Investment advisory (plan)$45,180
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,880

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

Administrative cost history1
2024$73,060 · 0.41%
Similar plansOther Services · Ohio
Step Forward OH$21.9M · 0.11%
Truwest Company, LLC OH$21.5M · 0.26%
Crane 1 Services, Inc. OH$19.0M · 0.75%
Park Place Operations, Inc. OH$16.6M · 0.54%
The Way International OH$16.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340149250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.