Plan Ledger DOL Form 5500 · updated monthly

Sheakley Workforce Management Services, LLC dba Sheakley Pension401(k)

TOTAL PEP SOLUTIONS · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Sheakley Workforce Management Services, LLC dba Sheakley Pension reported $78,990 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $939 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 681st-largest of 3,295 plans among Ohio employers on file, and the 313th of 2,534 in administrative & support services. In 2023, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,819,187
Participants with balances598
Active participants964
Employer contributions$904,886
Employee contributions$1,628,945
Employer contribution per active participant$939
Average account balance$79,965
Benefits paid to participants$1,260,106
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$66,273
Investment management$12,717
Total administrative$78,990
The Sheakley Workforce Management Services, LLC dba Sheakley Pension 401(k) match · 2023
Employer contribution per active participant$939
Median for plans this size$2,440

Sheakley Workforce Management Services, LLC dba Sheakley Pension's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
SHEAKLEY WORKFORCE MANAGEMENT$66,273
OCTAVIA WEALTH ADVISORS$12,717

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

Administrative cost history1
2023$78,990 · 0.25%
Similar plansAdministrative & Support Services · Ohio
Health Carousel LLC OH$80.0M · 0.37%
Ironroad, Inc. OH$61.5M · 0.84%
Ctl Engineering, Inc. OH$42.0M · 0.12%
Staffmark Investment, LLC OH$40.1M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823571106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.