Plan Ledger DOL Form 5500 · updated monthly

Hill, Barth & King, LLC401(k)

HILL, BARTH & KING, LLC 401(K) PROFIT SHARING PLAN · CANFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Hill, Barth & King, LLC reported $84,821 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $4,863 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 0.11% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 379th-largest of 3,295 plans among Ohio employers on file, and the 1,555th of 11,654 in professional & technical services. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$97,185,883
Participants with balances795
Active participants550
Employer contributions$2,674,474
Employee contributions$4,822,883
Employer contribution per active participant$4,863
Average account balance$122,246
Benefits paid to participants$5,884,631
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.2M · 795 accts · $2.7M emplr
2023$83.3M · 736 accts · $2.3M emplr
2022$70.3M · 649 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,121
Audit (IQPA)$16,700
Total administrative$84,821
The Hill, Barth & King, LLC 401(k) match · 2024
Employer contribution per active participant$4,863
Median for plans this size$3,635
2024$4,863 per active participant
2023$3,947 per active participant
2022$3,568 per active participant

Hill, Barth & King, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$68,121
BROWN EDWARDS · Accounting / audit$16,700

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$84,821 · 0.09%
2023$86,429 · 0.11%
2022$84,802 · 0.11%
Same employer
Similar plansProfessional & Technical Services · Ohio
Reminger Co., L.P.A. OH$118.7M · 0.10%
Quantum Health, Inc. OH$109.0M · 0.28%
Spitzer Management, Inc. OH$106.2M · 0.41%
Eastman & Smith LTD. OH$106.2M · 0.10%
Rea & Associates, Inc. OH$95.8M · 0.01%
Sei-Services, LLC OH$89.0M · 0.13%
Sea, LTD. OH$87.8M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341897225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.