Plan Ledger DOL Form 5500 · updated monthly

Ziegler Companies401(k)

ZIEGLER COMPANIES RETIREMENT SAVINGS PLAN · MASSILLON, OH · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Ziegler Companies reported $7,901 in plan administrative expenses for 2023: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $116 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 0.04% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (2,321st of 3,295), and 3,274th of 5,215 in retail trade. In 2023, employees put in $9.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,870,842
Participants with balances114
Active participants322
Employer contributions$37,465
Employee contributions$355,097
Employer contribution per active participant$116
Average account balance$60,271
Benefits paid to participants$784,993
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY & NOVOTNY
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 130 accts · $41K emplr
2023$6.9M · 114 accts · $37K emplr
2022$6.4M · 108 accts · $37K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,901
Total administrative$7,901
The Ziegler Companies 401(k) match · 2023
Employer contribution per active participant$116
Median for plans this size$1,308
2024$126 per active participant
2023$116 per active participant
2022$121 per active participant

Ziegler Companies's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
MALONEY NOVOTNY · Investment advisory (participants)$2,359
MORNINGSTAR INVESTMENT MGMT · Investment advisory (participants)$851
BEACON FINANCIAL GROUPindirect comp
TRINITY PENSION CONSULTANTS INC · Other 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$10,003 · 0.16%
2023$7,901 · 0.12%
2022$2,989 · 0.04%
Same employer
Similar plansRetail Trade · Ohio
Coler Healthcare, LTD. OH$7.4M · 0.33%
Krieger Ford, Inc OH$7.3M · 1.11%
Robert McCabe Company Inc OH$6.7M · 0.53%
J.B.K. Group, Inc. OH$6.6M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340636150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.