Plan Ledger DOL Form 5500 · updated monthly

United Ohio Insurance Company401(k)

UNITED OHIO INSURANCE COMPANY 401(K) SAVINGS PLAN · BUCYRUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

United Ohio Insurance Company reported $153,520 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $3,662 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 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 720th-largest of 3,295 plans among Ohio employers on file, and the 1,820th of 4,798 in finance & insurance. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 244 to 273 since 2022.

Plan summary
Net assets, end of year$44,502,677
Participants with balances322
Active participants273
Employer contributions$999,674
Employee contributions$2,117,147
Employer contribution per active participant$3,662
Average account balance$138,207
Benefits paid to participants$6,657,615
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.5M · 322 accts · $1000K emplr
2023$43.5M · 311 accts · $878K emplr
2022$37.9M · 290 accts · $642K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$153,520
Total administrative$153,520
The United Ohio Insurance Company 401(k) match · 2024
Employer contribution per active participant$3,662
Median for plans this size$2,416
2024$3,662 per active participant
2023$3,227 per active participant
2022$2,631 per active participant

United Ohio Insurance Company'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$153,520
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$153,520 · 0.35%
2023$140,597 · 0.35%
2022$140,841 · 0.34%
Same employer
Similar plansFinance & Insurance · Ohio
First Mutual Holding Co. OH$46.2M · 0.23%
Union Savings Bank OH$44.5M · 0.22%
Sb Financial Group OH$37.8M · 0.26%
Greenville National Bank OH$37.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341008736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.