Plan Ledger DOL Form 5500 · updated monthly

Sbl Enterprises, LLC401(k)

TAILORED MANAGEMENT 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Sbl Enterprises, LLC reported $18,359 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $131 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 0.50% to 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,996th of 3,295), and 1,901st of 2,534 in administrative & support services. In 2024, employees put in $3.48 for every $1.00 the employer contributed; active participation has grown from 184 to 423 since 2022.

Plan summary
Net assets, end of year$2,158,662
Participants with balances260
Active participants423
Employer contributions$55,342
Employee contributions$192,368
Employer contribution per active participant$131
Average account balance$8,303
Benefits paid to participants$90,308
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 260 accts · $55K emplr
2023$1.6M · 101 accts
2022$1.4M · 106 accts · $59K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,979
Investment management$8,380
Total administrative$18,359
The Sbl Enterprises, LLC 401(k) match · 2024
Employer contribution per active participant$131
Median for plans this size$1,313
2024$131 per active participant
2022$321 per active participant

Sbl Enterprises, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$9,979
EVERHART ADVISORS · Investment advisory (plan)$8,380

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$18,359 · 0.96%
2023$8,731 · 0.57%
2022$7,139 · 0.50%
Same employer
Similar plansAdministrative & Support Services · Ohio
Hott Associates, Inc. OH$2.6M · 0.87%
Dalton U.S. Inc. OH$2.5M · 0.05%
Endevis LLC OH$2.4M
Local Waste Holdings OH$2.4M · 1.56%
Contactus, LLC OH$2.1M · 1.22%
Mancan, Inc OH$2.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202692300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.