Plan Ledger DOL Form 5500 · updated monthly

Ritz Safety LLC401(k)

RITZ SAFETY LLC 401 K PROFIT SHARING PLAN TRUST · DAYTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Ritz Safety LLC reported $80,267 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,298 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 4.20% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,022nd of 3,295), and 2,694th of 5,215 in retail trade. In 2024, employees put in $3.06 for every $1.00 the employer contributed; active participation has grown from 232 to 262 since 2022.

Plan summary
Net assets, end of year$9,627,400
Participants with balances209
Active participants262
Employer contributions$340,056
Employee contributions$1,039,306
Employer contribution per active participant$1,298
Average account balance$46,064
Benefits paid to participants$808,910
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 209 accts · $340K emplr
2023$7.9M · 197 accts · $337K emplr
2022$5.9M · 181 accts · $278K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,267
Total administrative$80,267
The Ritz Safety LLC 401(k) match · 2024
Employer contribution per active participant$1,298
Median for plans this size$1,313
2024$1,298 per active participant
2023$1,397 per active participant
2022$1,196 per active participant

Ritz Safety LLC's 2024 employer contribution ran below the $1,313 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$60,008
OPOC.US · Loan processing · Recordkeeping$12,088
CADARET, GRANT & CO., INC. · Investment advisory (plan)$4,646
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$3,434

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OPOC.US, Transamerica
2023Nationwide, OPOC.US, Transamerica

This plan has changed recordkeepers within these filings. If you left Ritz Safety LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$80,267 · 0.92%
2023$64,685 · 0.94%
2022$249,655 · 4.20%
Same employer
Similar plansRetail Trade · Ohio
Metro Toyota OH$9.9M · 0.43%
Pure Romance, LLC OH$9.9M · 0.59%
Remke Markets, Inc. OH$9.8M · 0.45%
Greenwood Chevrolet, Inc. OH$9.6M · 0.04%
Shaffer Distributing Co. OH$9.6M · 0.59%
Trademark Global, LLC OH$9.5M · 0.73%
Oki Furniture Fair LLC OH$9.2M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204254041 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.