Plan Ledger DOL Form 5500 · updated monthly

The Horsburgh & Scott Co.401(k)

THE HORSBURGH & SCOTT CO. 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

The Horsburgh & Scott Co. reported $42,780 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,583 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 0.186%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,131st-largest of 3,295 plans among Ohio employers on file, and the 5,170th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 156 to 219 since 2022.

Plan summary
Net assets, end of year$24,758,829
Participants with balances258
Active participants219
Employer contributions$784,707
Employee contributions$1,436,327
Employer contribution per active participant$3,583
Average account balance$95,964
Benefits paid to participants$2,176,965
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 258 accts · $785K emplr
2023$21.3M · 217 accts · $617K emplr
2022$17.9M · 205 accts · $551K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,314
Investment management$5,466
Total administrative$42,780
The The Horsburgh & Scott Co. 401(k) match · 2024
Employer contribution per active participant$3,583
Median for plans this size$2,416
2024$3,583 per active participant
2023$3,692 per active participant
2022$3,531 per active participant

The Horsburgh & Scott Co.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$37,314
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,466

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$42,780 · 0.19%
2023$36,008 · 0.18%
2022$35,517 · 0.19%
Same employer
Similar plansManufacturing · Ohio
Haas Door Company OH$25.1M · 0.49%
Dlhbowles, Inc. OH$25.0M · 0.22%
Instantwhip Foods, Inc. OH$24.9M · 0.02%
Park Corporation OH$24.6M · 0.32%
Ultium Cells, LLC OH$24.4M · 0.40%
Wiley Companies OH$24.2M · 0.19%
Interdesign, Inc. OH$24.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261349594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.