Plan Ledger DOL Form 5500 · updated monthly

Heights Tower Service, Inc.401(k)

HEIGHTS TOWER SERVICE INC 401 K PROFIT SHARING PLAN TRUST · FREDERICKTOWN, OH · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Heights Tower Service, Inc. reported $11,038 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $2,204 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 0.26% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Ohio (2,481st of 3,295), and 1,857th of 2,199 in information & media. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has shrunk from 137 to 97 since 2022.

Plan summary
Net assets, end of year$5,445,600
Participants with balances138
Active participants97
Employer contributions$213,800
Employee contributions$520,729
Employer contribution per active participant$2,204
Average account balance$39,461
Benefits paid to participants$508,776
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 138 accts · $214K emplr
2023$4.6M · 163 accts · $237K emplr
2022$3.4M · 168 accts · $232K emplr
Administrative expenses, itemized · 2024
Investment management$11,038
Total administrative$11,038
The Heights Tower Service, Inc. 401(k) match · 2024
Employer contribution per active participant$2,204
Median for plans this size$1,313
2024$2,204 per active participant
2023$2,216 per active participant
2022$1,691 per active participant

Heights Tower Service, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CGRPS · Recordkeeping · Investment management$3,820
CHESTER FINANCIAL SERVICES LLC · Investment advisory (participants) · Pension consulting$23,078
REA & ASSOCIATES INC · Accounting / audit · Actuarial$7,194

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

Recordkeeper by year2
2024CGRPS
2023CGRPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,038 · 0.22%
2023$11,176 · 0.28%
2022$9,073 · 0.26%
Similar plansInformation & Media · Ohio
Onshift, Inc. OH$10.0M · 0.04%
Iqventures Holdings, LLC OH$6.0M · 1.79%
Bendon Inc OH$5.0M · 0.52%
Hometown Ticketing, Inc. OH$4.7M · 0.34%
Pffa Acquisition LLC OH$3.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943446454 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.