Plan Ledger DOL Form 5500 · updated monthly

Schottenstein Stores Corporation401(k)

THE PROFIT SHARING AND 401(K) PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Schottenstein Stores Corporation reported $124,499 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $788 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 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 255th-largest of 3,295 plans among Ohio employers on file, and the 248th of 5,215 in retail trade. In 2024, employees put in $3.62 for every $1.00 the employer contributed; active participation has shrunk from 3,790 to 3,103 since 2022.

Plan summary
Net assets, end of year$163,463,213
Participants with balances4,767
Active participants3,103
Employer contributions$2,445,273
Employee contributions$8,846,895
Employer contribution per active participant$788
Average account balance$34,291
Benefits paid to participants$28,712,834
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$163.5M · 4,767 accts · $2.4M emplr
2023$161.5M · 4,708 accts · $2.7M emplr
2022$147.3M · 4,281 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,673
Investment management$12,500
Audit (IQPA)$18,500
Total administrative$124,499
The Schottenstein Stores Corporation 401(k) match · 2024
Employer contribution per active participant$788
Median for plans this size$3,635
2024$788 per active participant
2023$745 per active participant
2022$629 per active participant

Schottenstein Stores Corporation's 2024 employer contribution ran below the $3,635 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 · 20244
BAKER TILLY US LLP · Accounting / audit$18,500
CALLAN HOLDINGS INC · Investment advisory (plan)$12,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,609
PORTER WRIGHT MORRIS & ARTHUR LLP · Legal$8,826

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

Administrative cost history3
2024$124,499 · 0.08%
2023$27,453 · 0.02%
2022$113,536 · 0.07%
Same employer
Similar plansRetail Trade · Ohio
Ta Operating LLC OH$183.1M · 0.44%
Jo-Ann Stores, LLC OH$182.7M · 0.11%
Discount Drug Mart, Inc. OH$169.4M · 0.10%
Carter-Jones Companies, Inc. OH$167.4M · 0.10%
Franchise Group, Inc. OH$158.2M · 0.25%
Phoenix Retail, LLC OH$141.0M · 0.09%
Express, LLC OH$138.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310820773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.