Plan Ledger DOL Form 5500 · updated monthly

Groundsystems Inc401(k)

GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN · BLUE ASH, OH · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Groundsystems Inc reported $6,515 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,811 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,859th of 3,295), and 10,530th of 11,654 in professional & technical services. In 2022, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,021,167
Participants with balances88
Active participants110
Employer contributions$199,176
Employee contributions$347,769
Employer contribution per active participant$1,811
Average account balance$34,331
Benefits paid to participants$31,250
Plan auditUnmodified (clean) audit opinion
AuditorMUNNINGHOFF, LANGE & CO.
Administrative expenses, itemized · 2022
Investment management$6,515
Total administrative$6,515
The Groundsystems Inc 401(k) match · 2022
Employer contribution per active participant$1,811
Median for plans this size$1,114

Groundsystems Inc's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,515 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Ohio
Holland Management, Inc. OH$3.2M · 1.21%
K & D OH$3.2M · 1.39%
Foxx & Company OH$3.0M · 0.32%
The Lisinski Law Firm OH$2.7M · 0.58%
Strategic Systems Inc OH$2.7M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 463315696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.