Plan Ledger DOL Form 5500 · updated monthly

Melway Group, Inc.401(k)

MELWAY GROUP, INC. 401(K) RETIREMENT PLAN · HOLMESVILLE, OH · plan year 2025

Reported admin expense ratio · 2025
0.35%

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

Melway Group, Inc. reported $58,058 in plan administrative expenses for 2025: 0.35% of average plan assets, above the peer median. Employer contributions averaged $4,569 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 3 years on file its reported administrative ratio fell from 0.41% to 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 1,428th-largest of 3,295 plans among Ohio employers on file, and the 2,173rd of 5,337 in construction. In 2025, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,082,806
Participants with balances172
Active participants152
Employer contributions$694,499
Employee contributions$778,989
Employer contribution per active participant$4,569
Average account balance$105,133
Benefits paid to participants$1,265,881
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHEC(K)CPAS, LLC
Plan history4
Yearassets · accounts · employer contribution
2025$18.1M · 172 accts · $694K emplr
2024$15.5M · 176 accts · $718K emplr
2023$13.3M · 167 accts · $646K emplr
2022$11.1M · 167 accts · $575K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$58,058
Total administrative$58,058
The Melway Group, Inc. 401(k) match · 2025
Employer contribution per active participant$4,569
Median for plans this size$2,666
2025$4,569 per active participant
2024$4,490 per active participant
2023$4,455 per active participant
2022$3,712 per active participant

Melway Group, Inc.'s 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
PRINCIPAL LIFE INSURANCE CO · Contract administrator$58,058
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)indirect comp
REA & ASSOCIATES, INC · Other servicesindirect comp

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

Administrative cost history4
2025$58,058 · 0.35%
2024$60,292 · 0.42%
2023$53,225 · 0.44%
2022$49,232 · 0.41%
Same employer
Similar plansConstruction · Ohio
Fortney & Weygandt, Inc. OH$18.6M · 0.30%
Settle Muter Electric OH$18.2M · 0.42%
The Cafaro Company OH$17.8M · 0.46%
Bohl Companies OH$17.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862314296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.