Plan Ledger DOL Form 5500 · updated monthly

Hardwood Flooring & Paneling, Inc. dba Sheoga Flooring401(k)

THE HARDWOOD GROUP 401(K) PLAN · MIDDLEFIELD, OH · plan year 2022

Reported admin expense ratio · 2022
0.00%

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

Hardwood Flooring & Paneling, Inc. dba Sheoga Flooring reported $274 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $869 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 (2,574th of 3,295), and 11,334th of 13,661 in manufacturing. In 2022, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,747,713
Participants with balances84
Active participants133
Employer contributions$115,562
Employee contributions$294,311
Employer contribution per active participant$869
Average account balance$56,520
Benefits paid to participants$1,380,046
Plan auditUnmodified (clean) audit opinion
AuditorBSB PARTNERS CPA & BUSINESS ADVISOR
Administrative expenses, itemized · 2022
Professional / advisory$274
Total administrative$274
The Hardwood Flooring & Paneling, Inc. dba Sheoga Flooring 401(k) match · 2022
Employer contribution per active participant$869
Median for plans this size$1,114

Hardwood Flooring & Paneling, Inc. dba Sheoga Flooring'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$274 · 0.00%
Similar plansManufacturing · Ohio
Mum Industries, Inc. OH$4.8M · 0.83%
Miba Sinter USA, LLC OH$4.8M · 0.30%
Bunting Bearings, LLC OH$4.8M · 1.10%
Ier Fujikura, Inc. OH$4.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341369931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.