Plan Ledger DOL Form 5500 · updated monthly

New Albany Company401(k)

NEW ALBANY COMPANY 401(K) PLAN · NEW ALBANY, OH · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

New Albany Company reported $77,369 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,373 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 0.38% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 1,336th-largest of 3,295 plans among Ohio employers on file, and the 433rd of 1,311 in arts, entertainment & recreation. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,631,641
Participants with balances210
Active participants203
Employer contributions$481,619
Employee contributions$1,098,259
Employer contribution per active participant$2,373
Average account balance$93,484
Benefits paid to participants$2,348,430
Plan auditUnmodified (clean) audit opinion
AuditorARY ROEPCKE MULCHAEY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.6M · 210 accts · $482K emplr
2023$18.4M · 206 accts · $458K emplr
2022$16.3M · 196 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,016
Investment management$32,353
Total administrative$77,369
The New Albany Company 401(k) match · 2024
Employer contribution per active participant$2,373
Median for plans this size$2,416
2024$2,373 per active participant
2023$2,280 per active participant
2022$2,152 per active participant

New Albany Company's 2024 employer contribution ran below the $2,416 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$42,431
YARGER WEALTH STRATEGIES LLC · Investment advisory (participants)$28,547

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$77,369 · 0.41%
2023$67,299 · 0.39%
2022$68,921 · 0.38%
Similar plansArts, Entertainment & Recreation · Ohio
Cincinnati Museum Center OH$25.2M · 0.13%
Playhouse Square Foundation OH$24.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311222569 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.