Plan Ledger DOL Form 5500 · updated monthly

The Ohio National Life Insurance Company401(k)

THE OHIO NATIONAL LIFE INSURANCE COMPANY 401(K) AND PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

The Ohio National Life Insurance Company reported $242,019 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $3,956 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 0.11% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 234th-largest of 3,295 plans among Ohio employers on file, and the 643rd of 4,798 in finance & insurance. In 2024, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$176,963,481
Participants with balances1,155
Active participants817
Employer contributions$3,231,748
Employee contributions$7,635,395
Employer contribution per active participant$3,956
Average account balance$153,215
Benefits paid to participants$24,580,883
Plan auditUnmodified (clean) audit opinion
AuditorSCHULTE & UHRIG, CPAS INC
Plan history3
Yearassets · accounts · employer contribution
2024$177.0M · 1,155 accts · $3.2M emplr
2023$168.1M · 1,136 accts · $2.7M emplr
2022$159.9M · 1,171 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$120,276
Investment management$121,743
Total administrative$242,019
The The Ohio National Life Insurance Company 401(k) match · 2024
Employer contribution per active participant$3,956
Median for plans this size$3,635
2024$3,956 per active participant
2023$3,269 per active participant
2022$5,170 per active participant

The Ohio National Life Insurance Company's 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$120,576
WILLIS TOWERS WATSON · Investment advisory (plan) · Investment management$99,509
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$22,234

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$242,019 · 0.14%
2023$173,542 · 0.11%
2022$196,323 · 0.11%
All plans at this employer3
THE OHIO NATIONAL LIFE INSURANCE COMPANY 401(K) AND PROFIT SHARING PLAN401(k)
OHIO NATIONAL LIFE INSURANCE CO 401(K) PENSION PLAN FOR EMPLOYEES401(k)
THE OHIO NATIONAL LIFE INSURANCE COMPANY 401(K) PLAN FOR AGENTS401(k)
Same employer
Similar plansFinance & Insurance · Ohio
James B. Oswald Company OH$212.0M · 0.06%
First Financial Bancorp OH$209.1M · 0.07%
Hylant Group, Inc. OH$173.8M · 0.21%
Peoples Bancorp Inc OH$130.2M · 0.20%
Riverside Partners L.L.C. OH$103.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310397080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.