Plan Ledger DOL Form 5500 · updated monthly

Pleasant Valley Corporation401(k)

PLEASANT VALLEY CORPORATION 401(K) PLAN · MEDINA, OH · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Pleasant Valley Corporation reported $50,921 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $4,750 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 0.60% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,129th of 3,295), and the 1,097th of 2,534 in administrative & support services. In 2024, the employer put in $1.44 for every $1.00 employees contributed themselves; active participation has grown from 175 to 210 since 2022.

Plan summary
Net assets, end of year$8,621,913
Participants with balances223
Active participants210
Employer contributions$997,467
Employee contributions$692,866
Employer contribution per active participant$4,750
Average account balance$38,663
Benefits paid to participants$893,690
Plan auditUnmodified (clean) audit opinion
AuditorPEASE BELL CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 223 accts · $997K emplr
2023$7.4M · 198 accts · $904K emplr
2022$5.3M · 181 accts · $860K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,705
Investment management$32,216
Total administrative$50,921
The Pleasant Valley Corporation 401(k) match · 2024
Employer contribution per active participant$4,750
Median for plans this size$1,313
2024$4,750 per active participant
2023$4,264 per active participant
2022$4,913 per active participant

Pleasant Valley Corporation's 2024 employer contribution ran above the $1,313 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 · 20245
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$21,283
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$9,066
REA & ASSOCIATES · Contract administrator$2,925
EMPOWER ADVISORY GROUP LLC · Investment management$1,867

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$50,921 · 0.63%
2023$38,099 · 0.60%
2022$29,665 · 0.60%
Same employer
Similar plansAdministrative & Support Services · Ohio
Healthcomp, Inc. OH$8.8M · 0.37%
Reilly Sweeping, Inc. OH$8.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270901655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.