Plan Ledger DOL Form 5500 · updated monthly

Paycor, Inc.401(k)

PAYCOR 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Paycor, Inc. reported $398,118 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $3,320 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 3 years on file its reported administrative ratio has held roughly steady near 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 192nd-largest of 3,295 plans among Ohio employers on file, and the 704th of 11,654 in professional & technical services. In 2024, employees put in $2.37 for every $1.00 the employer contributed; active participation has grown from 2,230 to 2,615 since 2022.

Plan summary
Net assets, end of year$230,669,169
Participants with balances3,203
Active participants2,615
Employer contributions$8,680,729
Employee contributions$20,557,643
Employer contribution per active participant$3,320
Average account balance$72,017
Benefits paid to participants$22,493,920
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$230.7M · 3,203 accts · $8.7M emplr
2023$190.7M · 3,154 accts · $8.3M emplr
2022$146.2M · 2,784 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$248,442
Investment management$149,676
Total administrative$398,118
The Paycor, Inc. 401(k) match · 2024
Employer contribution per active participant$3,320
Median for plans this size$3,635
2024$3,320 per active participant
2023$3,239 per active participant
2022$3,057 per active participant

Paycor, Inc.'s 2024 employer contribution ran below 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
EMPOWER ADVISORY GROUP, LLC · Investment management$117,676
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$32,000

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$398,118 · 0.19%
2023$348,897 · 0.21%
2022$279,070 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Ohio
Ssoe, Inc. OH$285.8M · 0.13%
Medpace, Inc. OH$253.0M · 0.01%
Woolpert, Inc. OH$247.8M · 0.05%
Verdantas LLC OH$202.0M · 0.18%
Bricker Graydon LLP OH$198.8M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311299990 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.