Plan Ledger DOL Form 5500 · updated monthly

Standard Wellness Company, LLC401(k)

STANDARD WELLNESS 401(K) PLAN · GIBSONBURG, OH · plan year 2022

Reported admin expense ratio · 2022
0.45%

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

Standard Wellness Company, LLC reported $3,113 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. Employer contributions averaged $987 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Ohio (3,185th of 3,295), and 889th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$708,491
Participants with balances173
Active participants141
Employer contributions$139,120
Employee contributions$233,433
Employer contribution per active participant$987
Average account balance$4,095
Benefits paid to participants$261,210
Plan auditUnmodified (clean) audit opinion
AuditorBURDETTE SMITH & BISH LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $125K emplr
2022$708K · 173 accts · $139K emplr
Administrative expenses, itemized · 2022
Investment management$3,113
Total administrative$3,113
The Standard Wellness Company, LLC 401(k) match · 2022
Employer contribution per active participant$987
Median for plans this size$331

Standard Wellness Company, LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$3,113 · 0.45%
Similar plansAgriculture, Forestry & Fishing · Ohio
The Cottage Gardens, Inc. OH$3.2M · 1.69%
Jarmoc Tobacco LLC CT$751K · 1.24%
Quick Holdings, LLC CO$746K · 0.15%
Hardin Staffing Inc. OK$744K · 0.58%
Rincon Fresh, LLC CA$743K · 1.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821046647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.