Retirement plan

OH/NFM GROUP RETIREMENT PLAN

Name: OHIO HOLDINGS, INC. - OH/NFM GROUP RETIREMENT PLAN (2024) Form 5500
Creator: OHIO HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OH/NFM GROUP RETIREMENT PLAN, OHIO HOLDINGS, INC.

OHIO HOLDINGS, INC.EIN 34-1941799Plan #001PY 2024

383 W. DUSSEL DR. - MAUMEE, OH 43537419-897-6868LinkedIn51-200 employeesoil & energy

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.4M

+32.4% from 2023

Total participants

279

-0.7% from 2023

Average account balance

$28,928

+31.9% from 2023

Annual return

15.57%

-20.03 pp from 2023

Benchmarks

See 1,845 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,845 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.38M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$29K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

255

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

86.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.57%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$270

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNIUTY INS Service code 28 8515 E ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Investment Management	$58,822
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GRP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD, CO 80111	Investment Management	$13,214
GREAT LAKES ADVISORS, LLC2 years Filed as: GREAT LAKES PENSION SERVICES Service code 13 3361 EXECUTIVE PKWY · TOLEDO, OH 436061337	Contract Administrator	$12,023
OSAIC WEALTH INC2 years Filed as: OSAIC WEALTH, INC. Service code 55 10 EXCHANGE PLACE · JERSEY CITY, NJ 07302	Other Commissions	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$69K

$394 / participant

Recordkeeping$2K2.8%
Investment mgmt$13K19.2%
Contract admin$54K78.0%

% of EOY assets

0.934%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTON LARSON ALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,928

$78,636-63.2%

$105,607-72.6%

$74,459-61.1%

Participation rate

86.3%

72.8%+13.5pp

75.3%+11.0pp

67.2%+19.1pp

Annual return

15.57%

15.96%-0.4pp

116.11%-100.5pp

1369.70%-1354.1pp

Employer contribution / active EE

$3,211

$2,523+27.2%

$3,167+1.4%

$2,626+22.3%

Participant deferral / active EE

$4,715

$4,322+9.1%

$5,011-5.9%

$4,350+8.4%

Admin fee / account holder

$270

$2,220-87.8%

$10,958-97.5%

$1,945-86.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNIUTY INS

Service code 28

8515 E ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Investment Management

$58,822

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GRP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD, CO 80111

Investment Management

$13,214

GREAT LAKES ADVISORS, LLC2 years

Filed as: GREAT LAKES PENSION SERVICES

Service code 13

3361 EXECUTIVE PKWY · TOLEDO, OH 436061337

Contract Administrator

$12,023

OSAIC WEALTH INC2 years

Filed as: OSAIC WEALTH, INC.

Service code 55

10 EXCHANGE PLACE · JERSEY CITY, NJ 07302

Other Commissions

OH/NFM GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OH/NFM GROUP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion