Plan Ledger DOL Form 5500 · updated monthly

Smithers-Oasis Company401(k)

SMITHERS-OASIS COMPANY RETIREMENT SAVINGS PLAN · KENT, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Smithers-Oasis Company reported $36,301 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,860 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 0.16% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 744th-largest of 3,295 plans among Ohio employers on file, and the 3,557th of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,130,992
Participants with balances331
Active participants258
Employer contributions$1,253,759
Employee contributions$2,023,577
Employer contribution per active participant$4,860
Average account balance$127,284
Benefits paid to participants$3,877,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.1M · 331 accts · $1.3M emplr
2023$38.0M · 355 accts · $1.2M emplr
2022$35.0M · 330 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,301
Total administrative$36,301
The Smithers-Oasis Company 401(k) match · 2024
Employer contribution per active participant$4,860
Median for plans this size$2,416
2024$4,860 per active participant
2023$4,576 per active participant
2022$4,632 per active participant

Smithers-Oasis Company's 2024 employer contribution ran above the $2,416 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$41,301

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

Recordkeeper by year2
2024Charles Schwab
2023Transamerica

This plan has changed recordkeepers within these filings. If you left Smithers-Oasis Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$36,301 · 0.09%
2023$46,842 · 0.13%
2022$59,600 · 0.16%
Same employer
Similar plansManufacturing · Ohio
Race Winning Brands, Inc. OH$42.9M · 0.48%
Jefferson Industries Corp. OH$42.5M · 0.02%
Norman Noble, Inc. OH$42.0M · 0.31%
Rocky Brands, Inc. OH$40.9M · 0.21%
Rudolph Foods Company, Inc. OH$40.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341536399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.