Plan Ledger DOL Form 5500 · updated monthly

Hylant Group, Inc.401(k)

HYLANT GROUP, INC. 401(K) PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Hylant Group, Inc. reported $351,282 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,864 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 rose from 0.19% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 241st-largest of 3,295 plans among Ohio employers on file, and the 654th of 4,798 in finance & insurance. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has grown from 913 to 1,026 since 2022.

Plan summary
Net assets, end of year$173,756,828
Participants with balances1,197
Active participants1,026
Employer contributions$2,938,647
Employee contributions$9,421,909
Employer contribution per active participant$2,864
Average account balance$145,160
Benefits paid to participants$20,353,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$173.8M · 1,197 accts · $2.9M emplr
2023$159.6M · 1,108 accts · $2.8M emplr
2022$136.3M · 1,082 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$241,314
Investment management$97,981
Audit (IQPA)$11,987
Total administrative$351,282
The Hylant Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,864
Median for plans this size$3,635
2024$2,864 per active participant
2023$2,989 per active participant
2022$2,831 per active participant

Hylant Group, Inc.'s 2024 employer contribution ran below 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$241,314
VENTURE VISIONARY PARTNERS LLC · Investment advisory (plan)$90,000
WILLIAM VAUGHAN COMPANY · Accounting / audit$11,987
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$7,981

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$351,282 · 0.21%
2023$327,043 · 0.22%
2022$289,667 · 0.19%
Same employer
Similar plansFinance & Insurance · Ohio
First Financial Bancorp OH$209.1M · 0.07%
Peoples Bancorp Inc OH$130.2M · 0.20%
Riverside Partners L.L.C. OH$103.2M · 0.00%
Group Plan Systems, LLC OH$102.8M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341880366 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.