Plan Ledger DOL Form 5500 · updated monthly

Sarnova Hc, LLC401(k)

SARNOVA HC, LLC PROFIT SHARING PLAN AND TRUST · DUBLIN, OH · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Sarnova Hc, LLC reported $209,943 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $3,094 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 0.26% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 373rd-largest of 3,295 plans among Ohio employers on file, and the 1,915th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$100,012,677
Participants with balances1,593
Active participants1,399
Employer contributions$4,328,645
Employee contributions$8,944,653
Employer contribution per active participant$3,094
Average account balance$62,783
Benefits paid to participants$17,624,475
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$100.0M · 1,593 accts · $4.3M emplr
2023$88.8M · 1,489 accts · $3.1M emplr
2022$74.4M · 1,524 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,635
Investment management$7,974
Total administrative$209,943
The Sarnova Hc, LLC 401(k) match · 2024
Employer contribution per active participant$3,094
Median for plans this size$3,635
2024$3,094 per active participant
2023$2,335 per active participant
2022$1,998 per active participant

Sarnova Hc, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
T ROWE PRICE RPS INC · Recordkeeping · Trustee$126,635
RESOURCE INVESTMENT ADVISORS LLC · Consulting$59,000
ONEDIGITAL TOPCO LLC · Investment advisory (plan)$7,500

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$209,943 · 0.22%
2023$204,125 · 0.25%
2022$204,098 · 0.26%
Same employer
Similar plansManufacturing · Ohio
Dayton Progress Corporation OH$100.9M · 0.11%
Grob Systems, Inc. OH$100.1M · 0.00%
Cardone Industries, Inc. OH$95.9M · 0.16%
Olympic Steel, Inc. OH$95.6M · 0.29%
Formica Corporation OH$91.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262549813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.