Plan Ledger DOL Form 5500 · updated monthly

Hallmark Management Service In401(k)

HALLMARK MANAGEMENT SERVICE IN 401(K) PROFIT SHARING PLAN & TRUST · COLUMBUS, OH · plan year 2022

Reported admin expense ratio · 2022
0.89%

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

Hallmark Management Service In reported $21,427 in plan administrative expenses for 2022: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $705 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 manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,978th of 3,295), and 12,706th of 13,661 in manufacturing. In 2022, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,249,368
Participants with balances60
Active participants132
Employer contributions$93,096
Employee contributions$221,793
Employer contribution per active participant$705
Average account balance$37,489
Benefits paid to participants$199,668
Plan auditUnmodified (clean) audit opinion
AuditorMANNING & ASSOCIATES CPA, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,638
Investment management$13,789
Total administrative$21,427
The Hallmark Management Service In 401(k) match · 2022
Employer contribution per active participant$705
Median for plans this size$1,114

Hallmark Management Service In's 2022 employer contribution ran below 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$21,427 · 0.89%
Similar plansManufacturing · Ohio
Custom Rubber Corporation OH$2.3M · 0.15%
Green Products Inc OH$2.3M · 0.60%
Esperia Holdings, LLC OH$2.3M · 1.63%
Produce Packaging, Inc. OH$2.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310809294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.