James B. Oswald Company 401(k) Review & Grade
The Unison Risk Advisors 401(k) Plan and Trust
Cleveland, OHFinance & Insurance880 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,375Employer $ per active participant
$8,778Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$212.0MNet plan assets, end of year
$164,438Average balance per account
Score breakdown
- Employer generosity30.6 / 5061th percentile for employer $ per participant
- Low cost20.8 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving10.2 / 1568th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 61th |
| Lower admin cost | 83th |
| Employee saving | 68th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- James B. Oswald put in about $4,375 per active participant, more than the typical peer ($3,606). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $3,849,880 |
| Participant (employee) contributions | $7,724,769 |
| Other contributions (incl. rollovers in) | $12,512,586 |
| Administrative expenses paid from the plan | $128,827 |
| Contract administrator fees | $89,017 |
| Other admin expenses | $39,810 |
| Benefits paid out | $21,737,625 |
| Net assets, start / end of year | $189.0M / $212.0M |
| Active participants, start / end of year | 747 / 1,013 |
| Participants with account balances | 1,289 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Maloney + Novotny, LLC |
| Employer stock held by plan | $80,833,863 |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $91,507 reported compensation |
| Maloney+novotny, LLC | $37,560 reported compensation |
| Benefit Trust Company | $16,660 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014104543NAL0001237171001, received 2025-10-14, EIN 34-0445620, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.