Plan Ledger DOL Form 5500 · updated monthly

The Home City Ice Company401(k)

THE HOME CITY ICE COMPANY PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

The Home City Ice Company reported $122,183 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $1,817 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 fell from 0.24% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 581st-largest of 3,295 plans among Ohio employers on file, and the 2,803rd of 13,661 in manufacturing. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 707 to 984 since 2022.

Plan summary
Net assets, end of year$58,700,765
Participants with balances609
Active participants984
Employer contributions$1,788,153
Employee contributions$2,874,672
Employer contribution per active participant$1,817
Average account balance$96,389
Benefits paid to participants$1,710,596
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.7M · 609 accts · $1.8M emplr
2023$49.4M · 563 accts · $1.6M emplr
2022$40.0M · 514 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,183
Total administrative$122,183
The The Home City Ice Company 401(k) match · 2024
Employer contribution per active participant$1,817
Median for plans this size$3,635
2024$1,817 per active participant
2023$1,837 per active participant
2022$1,942 per active participant

The Home City Ice Company's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK · Recordkeeping$64,983
TRINITY PENSION CONSULTANTS INC. · Recordkeeping · Loan processing$7,200
ROYAL ALLIANCE ASSOCIATES, INC. · Investment advisory (plan)$50,000

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

Recordkeeper by year2
2024John Hancock, TRINITY PENSION CONSULTANTS INC.
2023John Hancock, TRINITY PENSION CONSULTANTS INC.

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Administrative cost history3
2024$122,183 · 0.23%
2023$105,477 · 0.24%
2022$106,169 · 0.24%
Same employer
Similar plansManufacturing · Ohio
Kalmbach Feeds, Inc. OH$59.4M · 0.22%
Masterbrand Cabinets LLC OH$59.2M · 0.21%
Ask Chemicals, LP OH$59.1M · 0.06%
Cincinnati Incorporated OH$58.9M · 0.06%
Seaman Development, Inc. OH$57.6M · 0.17%
Rittal North America LLC OH$57.3M · 0.31%
Vega Americas, Inc. OH$57.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310525795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.