Plan Ledger DOL Form 5500 · updated monthly

Ohio Medical, LLC401(k)

OHIO MEDICAL, LLC 401(K) PROFIT SHARING PLAN · GURNEE, IL · plan year 2022

Reported admin expense ratio · 2022
0.22%

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

Ohio Medical, LLC reported $20,616 in plan administrative expenses for 2022: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,192 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 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,548th of 3,702), and 3,144th of 4,246 in wholesale trade. In 2022, employees put in $4.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,406,281
Participants with balances108
Active participants118
Employer contributions$140,676
Employee contributions$624,146
Employer contribution per active participant$1,192
Average account balance$77,836
Benefits paid to participants$1,018,345
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$8.4M · 108 accts · $141K emplr
The Ohio Medical, LLC 401(k) match · 2022
Employer contribution per active participant$1,192
Median for plans this size$1,114

Ohio Medical, LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$20,616 · 0.22%
Similar plansWholesale Trade · Illinois
Mid-State Tank Co., Inc. IL$8.6M · 0.01%
Tri Star Metals, LLC IL$8.5M · 0.16%
Level 10, LLC IL$8.3M · 0.33%
Alliance Tractor, LLC IL$8.2M · 0.71%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 474906316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.