Plan Ledger DOL Form 5500 · updated monthly

Ohio Valley Banc Corp.401(k)

OHIO VALLEY BANC CORP PROFIT SHARING RETIREMENT PLAN · GALLIPOLIS, OH · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Ohio Valley Banc Corp. reported $1,560 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,163 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 0.006% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 971st-largest of 3,295 plans among Ohio employers on file, and 2,416th of 4,798 in finance & insurance. In 2024, employees put in $3.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,083,567
Participants with balances227
Active participants234
Employer contributions$272,068
Employee contributions$949,557
Employer contribution per active participant$1,163
Average account balance$132,527
Benefits paid to participants$1,902,927
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 227 accts · $272K emplr
2023$26.8M · 228 accts · $274K emplr
2022$22.8M · 224 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,560
Total administrative$1,560
The Ohio Valley Banc Corp. 401(k) match · 2024
Employer contribution per active participant$1,163
Median for plans this size$2,416
2024$1,163 per active participant
2023$1,146 per active participant
2022$1,109 per active participant

Ohio Valley Banc Corp.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$1,560

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$1,560 · 0.01%
2023$1,436 · 0.01%
2022$1,560 · 0.01%
All plans at this employer2
OHIO VALLEY BANC CORP PROFIT SHARING RETIREMENT PLAN401(k)
OHIO VALLEY BANC CORP EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansFinance & Insurance · Ohio
The Croghan Colonial Bank OH$31.5M · 0.12%
Equity Trust Company OH$29.9M · 0.07%
McGowan & Company, Inc. OH$29.7M · 0.35%
Hummel Group, Inc. OH$29.7M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311359191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.