Plan Ledger DOL Form 5500 · updated monthly

Reilly Sweeping, Inc.401(k)

REILLY SWEEPING, INC 401(K) PROFIT SHARING PLAN · CLEVELAND, OH · plan year 2022

Reported admin expense ratio · 2022
0.60%

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

Reilly Sweeping, Inc. reported $57,545 in plan administrative expenses for 2022: 0.60% of average plan assets, above the peer median. Employer contributions averaged $2,072 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 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,149th of 3,295), and the 1,106th of 2,534 in administrative & support services. In 2022, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,485,113
Participants with balances203
Active participants204
Employer contributions$422,643
Employee contributions$354,600
Employer contribution per active participant$2,072
Average account balance$41,799
Benefits paid to participants$1,629,054
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE & MORAN, PLCC
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 140 accts · $243K emplr
2023$7.3M · 139 accts · $337K emplr
2022$8.5M · 203 accts · $423K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$57,545
Total administrative$57,545
The Reilly Sweeping, Inc. 401(k) match · 2022
Employer contribution per active participant$2,072
Median for plans this size$1,114
2024$1,399 per active participant
2023$1,854 per active participant
2022$2,072 per active participant

Reilly Sweeping, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$48,112 · 0.64%
2023$50,389 · 0.64%
2022$57,545 · 0.60%
Similar plansAdministrative & Support Services · Ohio
Healthcomp, Inc. OH$8.8M · 0.37%
Accuserve Solutions, Inc. OH$7.2M · 0.98%
Belflex Staffing Network OH$7.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232194925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.