Plan Ledger DOL Form 5500 · updated monthly

Ross Environmental Services, Inc.401(k)

ROSS EMPLOYEES' 401(K) SAVINGS PLAN & TRUST · ELYRIA, OH · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Ross Environmental Services, Inc. reported $73,519 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,603 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 1 year on file its reported administrative ratio fell from 0.32% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 742nd-largest of 3,295 plans among Ohio employers on file, and the 346th of 2,534 in administrative & support services. In 2023, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,562,508
Participants with balances347
Active participants312
Employer contributions$1,436,030
Employee contributions$2,422,481
Employer contribution per active participant$4,603
Average account balance$122,659
Benefits paid to participants$1,665,794
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$42.6M · 347 accts · $1.4M emplr
2022$32.3M · 343 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$17,574
Investment management$40,445
Audit (IQPA)$15,500
Total administrative$73,519
The Ross Environmental Services, Inc. 401(k) match · 2023
Employer contribution per active participant$4,603
Median for plans this size$2,440
2023$4,603 per active participant
2022$4,459 per active participant

Ross Environmental Services, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
RAYMOND JAMES FINANCIAL SVCS ADVS · Investment advisory (plan)$40,445
BOBER MARKEY FEDOROVICH & CO. · Accounting / audit$15,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2023$73,519 · 0.20%
2022$96,933 · 0.32%
Same employer
Similar plansAdministrative & Support Services · Ohio
Ironroad, Inc. OH$61.5M · 0.84%
Ctl Engineering, Inc. OH$42.0M · 0.12%
Staffmark Investment, LLC OH$40.1M · 0.31%
Lca Vision, Inc. OH$39.1M · 0.24%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341349256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.