Plan Ledger DOL Form 5500 · updated monthly

Osco Industries, Inc.401(k)

OSCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · PORTSMOUTH, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Osco Industries, Inc. reported $68,688 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $4,473 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 0.18% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 686th-largest of 3,295 plans among Ohio employers on file, and the 3,285th of 13,661 in manufacturing. In 2024, the employer put in $5.58 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$47,375,757
Participants with balances368
Active participants266
Employer contributions$1,189,693
Employee contributions$213,248
Employer contribution per active participant$4,473
Average account balance$128,738
Benefits paid to participants$3,845,223
Plan auditUnmodified (clean) audit opinion
AuditorKELLEY GALLOWAY SMITH GOOLSBY, PSC
Plan history3
Yearassets · accounts · employer contribution
2024$47.4M · 368 accts · $1.2M emplr
2023$44.4M · 403 accts · $1.2M emplr
2022$40.5M · 404 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,688
Total administrative$68,688
The Osco Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$4,473
Median for plans this size$2,416
2024$4,473 per active participant
2023$4,145 per active participant
2022$4,116 per active participant

Osco Industries, Inc.'s 2024 employer contribution ran above the $2,416 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
PEOPLES BANK · Trustee · Trustee (directed)$32,185
EMPOWER ADVISORY GROUP, LLC · Investment management$6,165

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$68,688 · 0.15%
2023$84,545 · 0.20%
2022$84,648 · 0.18%
Same employer
Similar plansManufacturing · Ohio
Gold Medal Products Co. OH$48.9M · 0.22%
Republic Steel OH$47.0M · 0.14%
Sanoh America, Inc. OH$46.0M · 0.09%
Majestic Steel USA, Inc. OH$45.8M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 314271610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.