Dinsmore & Shohl LLP 401(k) Review & Grade
The Dinsmore & Shohl LLP Savings and Investment Plan
Cincinnati, OHProfessional, Scientific & Technical Services1,438 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$10,162Employer $ per active participant
$10,023Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$472.2MNet plan assets, end of year
$208,826Average balance per account
Score breakdown
- Employer generosity45.6 / 5091th percentile for employer $ per participant
- Low cost16.0 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving8.8 / 1559th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score63 / 100 · Grade B
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 64th |
| Employee saving | 59th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Dinsmore & Shohl LLP put in about $10,162 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $14,608,271 |
| Participant (employee) contributions | $14,408,232 |
| Other contributions (incl. rollovers in) | $3,509,079 |
| Administrative expenses paid from the plan | $649,355 |
| Investment advisory & management fees | $221,265 |
| Other admin expenses | $620,433 |
| Benefits paid out | $50,775,857 |
| Net assets, start / end of year | $427.3M / $472.2M |
| Active participants, start / end of year | 1,414 / 1,461 |
| Participants with account balances | 2,261 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Clark, Schaefer & Hackett & Co |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $49,028 reported compensation |
| Mariner Wealth Advisors | $32,304 reported compensation |
| Bahl and Gaynor | $30,912 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010132920NAL0013199488001, received 2025-10-10, EIN 31-0263070, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.