Plan Ledger DOL Form 5500 · updated monthly

Teamsters Joint Council No. 41Profit-sharing plan

TEAMSTERS JOINT COUNCIL NO. 41 SEVERANCE PLAN · VALLEY VIEW, OH · plan year 2025

Reported admin expense ratio · 2025
0.76%

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

Teamsters Joint Council No. 41 reported $31,068 in plan administrative expenses for 2025: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,888 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 4 years on file its reported administrative ratio has held roughly steady near 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Ohio (2,674th of 3,295), and 2,457th of 3,341 in other services.

Plan summary
Net assets, end of year$4,076,378
Participants with balances111
Active participants90
Employer contributions$169,886
Employee contributions—
Employer contribution per active participant$1,888
Average account balance$36,724
Benefits paid to participants$603,142
Plan auditUnmodified (clean) audit opinion
AuditorSWALLEN, LAWHUN & CO.
Plan history4
Yearassets · accounts · employer contribution
2025$4.1M · 111 accts · $170K emplr
2024$4.1M · 113 accts · $174K emplr
2023$3.7M · 114 accts · $180K emplr
2022$3.2M · 108 accts · $186K emplr
Administrative expenses, itemized · 2025
Investment management$5,000
Audit (IQPA)$10,650
Total administrative$31,068
Employer contributions to the Teamsters Joint Council No. 41 plan · 2025
Employer contribution per active participant$1,888
Median for plans this size$1,464
2025$1,888 per active participant
2024$1,896 per active participant
2023$1,853 per active participant
2022$1,996 per active participant

Teamsters Joint Council No. 41's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
SWALLEN LAWHUN & CO. · Accounting / audit$10,650
FAULKNER, HOFFMAN & PHILLIPS, LLC · Legal$10,595
MARINER INSTITUTIONAL LLC · Investment management · Investment advisory (plan)$5,000

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

Administrative cost history4
2025$31,068 · 0.76%
2024$26,795 · 0.69%
2023$31,079 · 0.90%
2022$28,301 · 0.78%
Similar plansOther Services · Ohio
Same OH$4.5M · 0.43%
Applewood Centers, Inc. OH$4.4M · 0.94%
Signum LLC OH$4.2M · 0.04%
Godfrey & Wing, LLC OH$4.2M · 0.33%
Reino Linen Service, Inc. OH$4.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 346541609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.