Taft Stettinius & Hollister LLP 401(k) Review & Grade
Taft Stettinius & Hollister LLP Thrift Savings & Retirement Plan
Cincinnati, OHProfessional, Scientific & Technical Services1,452 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$17,505Employer $ per active participant
$13,853Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$848.9MNet plan assets, end of year
$469,777Average balance per account
Score breakdown
- Employer generosity49.4 / 5099th percentile for employer $ per participant
- Low cost22.5 / 2590th percentile for low admin cost vs. same-size plans
- Employee saving12.5 / 1584th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 90th |
| Employee saving | 84th |
| Peers that auto-enroll | 48% |
Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($1,995 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Taft Stettinius & Hollister LLP put in about $17,505 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $25,416,868 |
| Participant (employee) contributions | $20,114,422 |
| Other contributions (incl. rollovers in) | $3,962,693 |
| Administrative expenses paid from the plan | $325,086 |
| Investment advisory & management fees | $262,326 |
| Benefits paid out | $49,642,803 |
| Net assets, start / end of year | $745.6M / $848.9M |
| Active participants, start / end of year | 1,436 / 1,468 |
| Participants with account balances | 1,807 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Katz, Sapper & Miller LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $62,760 reported compensation |
| Merrill Lynch Pierce Fenner Smith | $62,028 reported compensation |
| Mariner LLC | $38,035 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015094031NAL0004475041001, received 2025-10-15, EIN 31-0541755, plan #004, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.
Get notified when Taft Stettinius & Hollister LLP's next filing posts
The most generous employers, the worst red flags, and plain-English 401(k) tips. One email a month.