Plan Ledger DOL Form 5500 · updated monthly

Locus Holdings LLC401(k)

LOCUS MANAGEMENT 401(K) · SOLON, OH · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Locus Holdings LLC reported $25,256 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $3,971 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,707th of 3,295), and 1,596th of 2,534 in administrative & support services. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,899,419
Participants with balances86
Active participants63
Employer contributions$250,190
Employee contributions$600,093
Employer contribution per active participant$3,971
Average account balance$45,342
Benefits paid to participants$1,803,395
Plan auditUnmodified (clean) audit opinion
AuditorDAMICO WAWRIN & COMPANY CPAS
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,936
Investment management$21,320
Total administrative$25,256
The Locus Holdings LLC 401(k) match · 2024
Employer contribution per active participant$3,971
Median for plans this size$1,313

Locus Holdings 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.

Service providers · 20242
401K ADVISORS INC · Recordkeeping · Trustee$21,320
ADP, INC. · Loan processing · Recordkeeping$3,936

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

Administrative cost history1
2024$25,256 · 0.64%
Similar plansAdministrative & Support Services · Ohio
J.P. Recovery Services OH$4.4M · 0.02%
Ameridial, Inc. OH$4.1M · 0.56%
Locus Management OH$4.0M · 0.54%
General Audit Corporation OH$3.9M · 0.38%
Taylor Team Relocation OH$3.7M · 0.74%
Crown Services, Inc. OH$3.7M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 994614585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.