Plan Ledger DOL Form 5500 · updated monthly

St. Bernard Soap Company401(k)

ST. BERNARD SOAP COMPANY 401(K) PLAN · CINCINNATI, OH · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

St. Bernard Soap Company reported $96,217 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $3,984 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 3 years on file its reported administrative ratio has held roughly steady near 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,043rd-largest of 3,295 plans among Ohio employers on file, and the 4,813th of 13,661 in manufacturing. In 2023, employees put in $1.16 for every $1.00 the employer contributed; active participation has shrunk from 227 to 172 since 2022.

Plan summary
Net assets, end of year$27,368,187
Participants with balances228
Active participants172
Employer contributions$685,258
Employee contributions$797,714
Employer contribution per active participant$3,984
Average account balance$120,036
Benefits paid to participants$3,371,844
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 214 accts · $988K emplr
2023$27.4M · 228 accts · $685K emplr
2022$25.8M · 251 accts · $159K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$93,995
Investment management$2,222
Total administrative$96,217
The St. Bernard Soap Company 401(k) match · 2023
Employer contribution per active participant$3,984
Median for plans this size$2,440
2023$3,984 per active participant
2022$700 per active participant

St. Bernard Soap Company's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$93,995
CREATIVE PLANNING INC · Investment advisory (plan)$2,222

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$66,992 · 0.36%
2023$96,217 · 0.36%
2022$101,026 · 0.35%
Same employer
Similar plansManufacturing · Ohio
Trew, LLC OH$27.8M · 0.53%
Brilex Industries, Inc. OH$27.8M · 0.33%
Beckett Gas, Inc. OH$27.6M · 0.11%
Monti, Inc. OH$27.2M · 0.36%
Hitachi Astemo Americas OH$27.1M · 0.47%
Pubco Corporation OH$27.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980390818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.