Plan Ledger DOL Form 5500 · updated monthly

Scott M & a Corporation401(k)

SCOTT M & A CORP 401(K) PLAN · PIQUA, OH · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Scott M & a Corporation reported $37,118 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $480 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 1.08% to 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Ohio (2,147th of 3,295), and the 649th of 2,240 in accommodation & food services. In 2024, employees put in $5.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,492,623
Participants with balances362
Active participants305
Employer contributions$146,503
Employee contributions$743,991
Employer contribution per active participant$480
Average account balance$23,460
Benefits paid to participants$406,664
Plan auditUnmodified (clean) audit opinion
AuditorMCCRATE DELEAT CO.
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 362 accts · $147K emplr
2023$5.7M · 272 accts · $15K emplr
2022$5.0M · 287 accts · $89K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,025
Investment management$32,093
Total administrative$37,118
The Scott M & a Corporation 401(k) match · 2024
Employer contribution per active participant$480
Median for plans this size$1,313
2024$480 per active participant
2023$46 per active participant
2022$279 per active participant

Scott M & a Corporation'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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$17,306
EMPOWER ADVISORY GROUP, LLC · Investment management$2,792

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$37,118 · 0.52%
2023$150 · 0.00%
2022$53,779 · 1.08%
Similar plansAccommodation & Food Services · Ohio
Sbarro, Inc OH$8.4M · 0.06%
Primary Aim, LLC OH$7.4M · 0.87%
Bennett Enterprises, LLC OH$6.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311761354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.