Plan Ledger DOL Form 5500 · updated monthly

Ssoe, Inc.401(k)

SSOE, INC. PROFIT SHARING AND SAVINGS PLAN AND TRUST · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Ssoe, Inc. reported $355,121 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,294 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 0.12% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 162nd-largest of 3,295 plans among Ohio employers on file, and the 589th of 11,654 in professional & technical services. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 1,057 to 1,325 since 2022.

Plan summary
Net assets, end of year$285,820,469
Participants with balances1,670
Active participants1,325
Employer contributions$7,014,101
Employee contributions$14,305,501
Employer contribution per active participant$5,294
Average account balance$171,150
Benefits paid to participants$15,530,116
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$285.8M · 1,670 accts · $7.0M emplr
2023$242.6M · 1,534 accts · $9.6M emplr
2022$202.6M · 1,403 accts · $8.1M emplr
The Ssoe, Inc. 401(k) match · 2024
Employer contribution per active participant$5,294
Median for plans this size$4,294
2024$5,294 per active participant
2023$8,044 per active participant
2022$7,643 per active participant

Ssoe, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$121,946
NFP RETIREMENT INC · Consulting$120,000
VANGUARD ADVISERS INC. · Investment advisory (participants)$103,674
CLIFTON LARSON ALLEN LLP · Accounting / audit$12,600

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$355,121 · 0.13%
2023$340,732 · 0.15%
2022$273,732 · 0.12%
Same employer
Similar plansProfessional & Technical Services · Ohio
Belcan, LLC OH$299.6M · 0.31%
Medpace, Inc. OH$253.0M · 0.01%
Woolpert, Inc. OH$247.8M · 0.05%
Paycor, Inc. OH$230.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341045421 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.