Plan Ledger DOL Form 5500 · updated monthly

The Anderson-Dubose Company401(k)

THE ANDERSON-DUBOSE COMPANY 401(K) PLAN · LORDSTOWN, OH · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

The Anderson-Dubose Company reported $85,614 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,399 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 0.16% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,194th-largest of 3,295 plans among Ohio employers on file, and the 663rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 218 to 253 since 2022.

Plan summary
Net assets, end of year$23,265,283
Participants with balances315
Active participants253
Employer contributions$606,982
Employee contributions$1,057,206
Employer contribution per active participant$2,399
Average account balance$73,858
Benefits paid to participants$531,878
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.3M · 315 accts · $607K emplr
2023$19.0M · 278 accts · $988K emplr
2022$17.9M · 268 accts · $861K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,959
Investment management$49,155
Audit (IQPA)$16,500
Total administrative$85,614
The The Anderson-Dubose Company 401(k) match · 2024
Employer contribution per active participant$2,399
Median for plans this size$2,416
2024$2,399 per active participant
2023$4,491 per active participant
2022$3,949 per active participant

The Anderson-Dubose Company's 2024 employer contribution ran below the $2,416 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 · 20242
RAYMOND JAMES FINANCIAL SERVICES · Investment advisory (plan)$49,155
CORRIGAN KRAUSE HARRISON LONG HARSA · Accounting / audit$16,500

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$85,614 · 0.41%
2023$87,292 · 0.47%
2022$30,276 · 0.16%
Same employer
Similar plansTransportation & Warehousing · Ohio
Peoples Services, Inc. OH$26.3M · 0.47%
Kaplan Trucking Company OH$23.7M · 0.28%
We Transport, Inc. OH$21.6M · 0.52%
Cathcart Rail Holdco, LLC OH$18.6M · 0.92%
Cathcart Rail, LLC OH$17.7M · 1.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341690243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.