Plan Ledger DOL Form 5500 · updated monthly

Safelite Group, Inc.401(k)

SAFELITE GROUP ASSOCIATES' RETIREMENT SAVINGS PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Safelite Group, Inc. reported $1,784,908 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,315 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 0.19% to 0.26%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other other services employers. By assets it is the 81st-largest of 3,295 plans among Ohio employers on file, and the 13th of 3,341 in other services. In 2024, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$719,004,906
Participants with balances20,026
Active participants14,356
Employer contributions$18,883,719
Employee contributions$56,694,045
Employer contribution per active participant$1,315
Average account balance$35,904
Benefits paid to participants$99,652,707
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY AND MEYER, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$719.0M · 20,026 accts · $18.9M emplr
2023$654.9M · 23,439 accts · $22.9M emplr
2022$540.4M · 20,559 accts · $22.1M emplr
The Safelite Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,315
Median for plans this size$4,294
2024$1,315 per active participant
2023$1,427 per active participant
2022$1,431 per active participant

Safelite Group, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$1,719,428
VANGUARD ADVISERS INC. · Investment advisory (participants)$92,830
ATLANTA CONSULTING GROUP ADVISORS, · Consulting$37,500

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,784,908 · 0.26%
2023$1,197,706 · 0.20%
2022$1,136,214 · 0.19%
Same employer
Similar plansOther Services · Ohio
Cintas Corporation OH$4.4B · 0.09%
Aarp DC$998.5M · 0.03%
Wand Newco 3, Inc. TX$862.3M · 0.17%
Freeman Decorating Co. TX$686.4M · 0.10%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 311725961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.