Plan Ledger DOL Form 5500 · updated monthly

Ross Acquisition Co.401(k)

GALERIE RETIREMENT SAVINGS PLAN · HEBRON, KY · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Ross Acquisition Co. reported $43,541 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $980 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 0.65% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kentucky (591st of 871), and 3,444th of 4,246 in wholesale trade. In 2024, employees put in $3.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,350,960
Participants with balances110
Active participants108
Employer contributions$105,850
Employee contributions$408,693
Employer contribution per active participant$980
Average account balance$57,736
Benefits paid to participants$278,504
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$6.4M · 110 accts · $106K emplr
2022$4.9M · 94 accts · $67K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,340
Investment management$25,201
Total administrative$43,541
The Ross Acquisition Co. 401(k) match · 2024
Employer contribution per active participant$980
Median for plans this size$1,313
2024$980 per active participant
2022$607 per active participant

Ross Acquisition Co.'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 · 20242
ONEAMERICA RETIREMENT SERVICES · Recordkeeping · Loan processing$18,340
MCF ADVISORS LLC · Investment advisory (plan)$25,201

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

Administrative cost history2
2024$43,541 · 0.74%
2022$34,859 · 0.65%
Similar plansWholesale Trade · Kentucky
Zotefoams Inc. KY$6.2M · 0.07%
Valor LLC KY$5.7M · 1.01%
Ki (USA) Corporation KY$5.4M · 0.14%
Brown Foodservice, Inc. KY$4.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311277852 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.