Plan Ledger DOL Form 5500 · updated monthly

Humanit Solutions, LLC401(k)

HUMANIT SOLUTIONS, LLC 401(K) PROFIT SHARING PLAN AND TRUST · BEAVERCREAK, OH · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Humanit Solutions, LLC reported $25,609 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $6,810 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 1 year on file its reported administrative ratio fell from 0.68% to 0.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,161st of 3,295), and 8,561st of 11,654 in professional & technical services. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,326,768
Participants with balances202
Active participants170
Employer contributions$1,157,671
Employee contributions$1,007,973
Employer contribution per active participant$6,810
Average account balance$41,222
Benefits paid to participants$804,025
Plan auditUnmodified (clean) audit opinion
AuditorBATES CARTER & CO LLP
Plan history2
Yearassets · accounts · employer contribution
2024$8.3M · 202 accts · $1.2M emplr
2023$6.0M · 176 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$266
Investment management$1,007
Total administrative$25,609
The Humanit Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$6,810
Median for plans this size$1,313
2024$6,810 per active participant
2023$8,049 per active participant

Humanit Solutions, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Administrative cost history2
2024$25,609 · 0.36%
2023$32,081 · 0.68%
Same employer
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Xariable, Inc. OH$8.4M · 0.25%
The Spyglass Group, LLC OH$8.3M · 0.89%
Revision Collective Inc. OH$8.2M · 0.63%
Amend Consulting LLC OH$8.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813731374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.