Plan Ledger DOL Form 5500 · updated monthly

Schneller Plumbing Heating & Air Inc401(k)

SCHNELLER PLUMBING HEATING & AIR INC 401(K) PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Schneller Plumbing Heating & Air Inc reported $28,082 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $2,603 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 rose from 0.29% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Ohio (2,604th of 3,295), and 4,096th of 5,337 in construction. In 2024, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,543,861
Participants with balances132
Active participants100
Employer contributions$260,307
Employee contributions$522,085
Employer contribution per active participant$2,603
Average account balance$34,423
Benefits paid to participants$182,332
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.5M · 132 accts · $260K emplr
2023$3.5M · 133 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,082
Total administrative$28,082
The Schneller Plumbing Heating & Air Inc 401(k) match · 2024
Employer contribution per active participant$2,603
Median for plans this size$1,313
2024$2,603 per active participant
2023$2,497 per active participant

Schneller Plumbing Heating & Air Inc's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
STADION MONEY MANAGEMENT · Other services$11,623
ASCENSUS LLC · Other services$7,806
COMMONWEALTH FINANCIAL NETWORK · Other services$7,232
BURKE AND SCHINDLER · Contract administrator · Other services$2,779
UNITED OF OMAHA$941
MESIROW · Other services$672

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$28,082 · 0.70%
2023$8,538 · 0.29%
Similar plansConstruction · Ohio
Reddy Electric Company OH$5.1M · 0.51%
Jwd Construction Services OH$4.9M · 0.52%
Homewood Corporation OH$4.5M · 0.51%
Sexton Industrial, Inc. OH$4.2M · 0.06%
Siteworx OH$4.1M · 0.42%
Todd's Enviroscapes, LLC OH$4.1M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 275429250 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.