Plan Ledger DOL Form 5500 · updated monthly

R. S. Hanline & Co., Inc.401(k)

R. S. HANLINE & CO., INC. 401(K) PROFIT SHARING PLAN · SHELBY, OH · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

R. S. Hanline & Co., Inc. reported $106,545 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,425 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 0.85%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (1,709th of 3,295), and 2,525th of 4,246 in wholesale trade. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 315 to 385 since 2022.

Plan summary
Net assets, end of year$13,377,114
Participants with balances209
Active participants385
Employer contributions$548,708
Employee contributions$1,003,014
Employer contribution per active participant$1,425
Average account balance$64,005
Benefits paid to participants$1,591,429
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 209 accts · $549K emplr
2023$11.7M · 212 accts · $522K emplr
2022$9.5M · 200 accts · $448K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,776
Investment management$28,769
Total administrative$106,545
The R. S. Hanline & Co., Inc. 401(k) match · 2024
Employer contribution per active participant$1,425
Median for plans this size$2,416
2024$1,425 per active participant
2023$1,434 per active participant
2022$1,422 per active participant

R. S. Hanline & Co., Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$77,776
COMMONWEALTH FINANCIAL · Investment advisory (plan) · Consulting$28,769

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$106,545 · 0.85%
2023$90,941 · 0.86%
2022$83,219 · 0.83%
Same employer
Similar plansWholesale Trade · Ohio
Metro Decor LLC OH$14.1M · 0.02%
Inno Pak, LLC OH$14.1M · 0.35%
World Tire Corporation OH$13.5M · 0.47%
American Interiors, Inc. OH$13.3M · 0.39%
Coblentz Distributing, Inc. OH$12.9M · 0.43%
Loth Holdings, LLC OH$12.8M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341519173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.