Plan Ledger DOL Form 5500 · updated monthly

Vaughn Industries, LLC401(k)

VAUGHN INDUSTRIES, LLC 401K PROFIT SHARING PLAN · CAREY, OH · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Vaughn Industries, LLC reported $227,788 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,049 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 0.33% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 417th-largest of 3,295 plans among Ohio employers on file, and the 689th of 5,337 in construction. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has grown from 679 to 773 since 2022.

Plan summary
Net assets, end of year$87,469,147
Participants with balances877
Active participants773
Employer contributions$5,448,546
Employee contributions$4,404,210
Employer contribution per active participant$7,049
Average account balance$99,737
Benefits paid to participants$7,219,512
Plan auditUnmodified (clean) audit opinion
AuditorBHM CPA GROUP, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$87.5M · 877 accts · $5.4M emplr
2023$74.5M · 826 accts · $5.2M emplr
2022$59.8M · 821 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$207,414
Total administrative$227,788
The Vaughn Industries, LLC 401(k) match · 2024
Employer contribution per active participant$7,049
Median for plans this size$3,635
2024$7,049 per active participant
2023$7,364 per active participant
2022$5,956 per active participant

Vaughn Industries, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
BHM CPA GROUP, INC · Accounting / audit$13,100
COMMONWEALTH EQUITY SERVICESindirect 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$227,788 · 0.28%
2023$193,685 · 0.29%
2022$215,481 · 0.33%
Same employer
Similar plansConstruction · Ohio
Messer Construction Co. OH$92.0M · 0.02%
Airtron LLC OH$87.7M · 0.00%
Shelly & Sands, Inc. OH$86.9M · 0.21%
Lithko Contracting, LLC OH$86.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364381623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.