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Benchmarking Terillium, Inc. 401(K) Plan in Cincinnati, OH against all plans

 

Terillium, Inc. 401(K) Plan in Cincinnati, OH paid the 8th-highest professional fees ($10,448) of the 141 plans in Cincinnati, OH. Those $10,448 compare to an average of $2,995 across the 141 plans.

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Peers

better than Jake Sweeney Automotive, Inc. 401(K) Plan in Cincinnati, OH ($116,812), Metalex Manufacturing, Inc. Employee Profit Sharing and 401(K) Plan in Cincinnati, OH ($63,924), Sibcy Cline, Inc. and Affiliated Companies 401(K) Profit Sharing Plan in Cincinnati, OH ($59,986), and Thermal Tech Engineering, Inc. Profit Sharing / Savings Retirement Plan in Cincinnati, OH ($57,467), and 3 others, ending with Riverhills Healthcare, Inc. Profit Sharing/Savings Retirement Plan in Cincinnati, OH ($14,815).

exceeded Storopack, Inc. 401(K) Savings Plan in Cincinnati, OH ($10,400), Prolink Staffing Services, LLC 401(K) Plan in Cincinnati, OH ($5,492), Consolidated Metal Products Co. Retirement Savings Plan in Cincinnati, OH ($3,300), and The Brakefire, Inc. 401(K) Plan in Cincinnati, OH ($2,245), and 129 others, ending with Process Plus 401(K) Retirement Savings Plan in Cincinnati, OH ($0).

References

  1. in city. Values were kept only if they occurred at least 20 times. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. professional fees. Lower values are better. From Line 2i(1), Schedule H. Includes the total fees paid (or in the case of accrual basis plans, costs incurred during the plan year but not paid as of the end of the plan year) by the plan for outside accounting, actuarial, legal, and valuation/appraisal services. Includes fees for the annual audit of the plan by an independent qualified public accountant (IQPA); for payroll audits; for accounting/bookkeeping services; for actuarial services rendered to the plan; and to a lawyer for rendering legal opinions, litigation, and advice (but not for providing legal services as a benefit to plan participants). Reports fees and expenses for corporate trustees and individual plan trustees, including reimbursement of expenses associated with trustees, such as lost time, seminars, travel, meetings, etc. Includes the fee(s) for valuations or appraisals to determine the cost, quality, or value of an item such as real property, personal property (gemstones, coins, etc.), and for valuations of closely held securities for which there is no ready market. Does not include amounts paid to plan employees to perform bookkeeping/accounting functions that should be included in line 2i(4). A missing entry from the Schedule H is here assigned a value of $0. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.