Plan Ledger DOL Form 5500 · updated monthly

Hill & Smith Group Holdings, Inc.401(k)

HILL & SMITH GROUP HOLDINGS, INC. 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Hill & Smith Group Holdings, Inc. reported $268,650 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,568 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 0.42% to 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 479th-largest of 3,295 plans among Ohio employers on file, and the 2,405th of 13,661 in manufacturing. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 1,098 to 1,633 since 2022.

Plan summary
Net assets, end of year$72,346,932
Participants with balances1,639
Active participants1,633
Employer contributions$2,559,969
Employee contributions$5,892,036
Employer contribution per active participant$1,568
Average account balance$44,141
Benefits paid to participants$8,306,627
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.3M · 1,639 accts · $2.6M emplr
2023$63.4M · 1,232 accts · $1.7M emplr
2022$48.0M · 959 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Investment management$132,604
Total administrative$268,650
The Hill & Smith Group Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,568
Median for plans this size$3,635
2024$1,568 per active participant
2023$1,196 per active participant
2022$1,083 per active participant

Hill & Smith Group Holdings, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
LATITUDE SERVICE COMPANY, INC. · Other services$135,234
PROACCOUNT · Investment advisory (participants)$132,604
CAMBRIDGE INVESTMENT RESEARCH · Insurance broker · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$268,650 · 0.40%
2023$228,296 · 0.41%
2022$217,696 · 0.42%
Same employer
Similar plansManufacturing · Ohio
Great Day Improvements, LLC OH$76.6M · 0.27%
Heidtman Steel Products OH$75.3M · 0.31%
Hartzell Propeller, Inc. OH$72.2M · 0.26%
Newman Technology, Inc. OH$71.5M · 0.06%
Webster Industries, Inc. OH$70.8M · 0.08%
Norwood Medical, LLC OH$70.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474129834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.