Plan Ledger DOL Form 5500 · updated monthly

Price for Profit, LLC dba INSIGHT2PROFIT401(k)

INSIGHT2PROFIT 401(K) PROFIT SHARING PLAN · BEACHWOOD, OH · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Price for Profit, LLC dba INSIGHT2PROFIT reported $5,864 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,708 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 0.10% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 973rd-largest of 3,295 plans among Ohio employers on file, and the 4,177th of 11,654 in professional & technical services. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,067,781
Participants with balances367
Active participants253
Employer contributions$1,191,143
Employee contributions$3,290,394
Employer contribution per active participant$4,708
Average account balance$81,929
Benefits paid to participants$1,309,788
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.1M · 367 accts · $1.2M emplr
2023$23.1M · 358 accts · $1.2M emplr
2022$15.6M · 351 accts · $998K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,864
Total administrative$5,864
The Price for Profit, LLC dba INSIGHT2PROFIT 401(k) match · 2024
Employer contribution per active participant$4,708
Median for plans this size$2,416
2024$4,708 per active participant
2023$4,535 per active participant
2022$3,738 per active participant

Price for Profit, LLC dba INSIGHT2PROFIT'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 · 20241
CBIZ RETIREMENT PLAN SERVICES · Other servicesindirect comp

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$5,864 · 0.02%
2023$6,554 · 0.03%
2022$15,136 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Ohio
Marcus Thomas, LLC OH$30.3M · 0.06%
Unwin Company OH$30.0M · 0.01%
Bsi Engineering, LLC OH$29.3M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204564115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.