Plan Ledger DOL Form 5500 · updated monthly

Ohio State Home Services, Inc.401(k)

OHIO STATE HOME SERVICES, INC. RETIREMENT SAVINGS & TRUST · MACEDONIA, OH · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Ohio State Home Services, Inc. reported $39,649 in plan administrative expenses for 2023: 0.51% of average plan assets, above the peer median. Employer contributions averaged $1,091 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 fell from 0.68% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Ohio (2,151st of 3,295), and 3,325th of 5,337 in construction. In 2023, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,468,650
Participants with balances390
Active participants218
Employer contributions$237,740
Employee contributions$679,090
Employer contribution per active participant$1,091
Average account balance$21,714
Benefits paid to participants$851,256
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY AND NOVOTNY
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 282 accts · $260K emplr
2023$8.5M · 390 accts · $238K emplr
2022$7.1M · 396 accts · $179K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,613
Investment management$5,036
Total administrative$39,649
The Ohio State Home Services, Inc. 401(k) match · 2023
Employer contribution per active participant$1,091
Median for plans this size$1,308
2024$1,199 per active participant
2023$1,091 per active participant
2022$773 per active participant

Ohio State Home Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$5,036

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$45,135 · 0.53%
2023$39,649 · 0.51%
2022$50,690 · 0.68%
Same employer
Similar plansConstruction · Ohio
Keene Management, Inc. OH$8.7M · 0.87%
Ke Gutridge, LLC OH$8.6M · 0.76%
The Waterworks, LLC OH$8.5M · 0.81%
Construction One, Inc. OH$8.1M · 0.20%
Dfp Acquisition Corp. OH$7.7M · 0.74%
Cts Construction, Inc. OH$7.1M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341238206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.