Plan Ledger DOL Form 5500 · updated monthly

Nickolas Savko & Sons, Inc.401(k)

NICKOLAS SAVKO & SONS, INC. PROFIT SHARING PLAN AND TRUST · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Nickolas Savko & Sons, Inc. reported $60,331 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $3,333 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 0.01% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Ohio (2,096th of 3,295), and 3,261st of 5,337 in construction. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves; active participation has grown from 122 to 150 since 2022.

Plan summary
Net assets, end of year$8,877,248
Participants with balances168
Active participants150
Employer contributions$500,000
Employee contributions$363,685
Employer contribution per active participant$3,333
Average account balance$52,841
Benefits paid to participants$489,611
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 168 accts · $500K emplr
2023$7.6M · 176 accts · $900K emplr
2022$6.6M · 195 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,521
Investment management$18,310
Audit (IQPA)$19,500
Total administrative$60,331
The Nickolas Savko & Sons, Inc. 401(k) match · 2024
Employer contribution per active participant$3,333
Median for plans this size$1,313
2024$3,333 per active participant
2023$6,431 per active participant

Nickolas Savko & Sons, Inc.'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 · 20243
CLARK SCHAEFER HACKETT · Accounting / audit$19,500
LPL FINANCIAL LLC · Investment advisory (plan)$18,310

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$60,331 · 0.73%
2023$43,441 · 0.61%
2022$810 · 0.01%
Same employer
Similar plansConstruction · Ohio
Aeroseal, LLC OH$9.3M · 0.13%
Chemcote, Inc. OH$9.1M · 0.76%
Keene Management, Inc. OH$8.7M · 0.87%
Ke Gutridge, LLC OH$8.6M · 0.76%
The Waterworks, LLC OH$8.5M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310907362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.