Ohio › Professional, scientific and technical services › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Taft Stettinius & Hollister LLP Thrift Savings & Retirement Plan
Sponsored by Taft Stettinius & Hollister LLP, Cincinnati, OH
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Taft Stettinius & Hollister LLP Thrift Savings & Retirement Plan is a 401(k) plan sponsored by Taft Stettinius & Hollister LLP of Cincinnati, Ohio. For the plan year ending 31 Dec 2024 it reported 1,854 participants, 1,468 of them active, and net assets of $849M.
Net assets came to $457,868 per participant, well above the $50,295 median for defined contribution plans with 1,000 to 4,999 participants and well above the $73,951 median for defined contribution plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $25.4M during the year, or $17,314 per active participant against a same-size median of $2,045; participants contributed $20.1M and $4.0M arrived as rollovers and other contributions. Benefits paid out totalled $49.6M.
Schedule C lists 15 service provider organisations paid $5,000 or more, with reported compensation of $324K: $175 per participant, well above the same-size median of $82.08. Administrative expenses charged to the plan were $325K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $34.3M in 2009 to $849M in 2024 (up 2371%), and participants from 367 to 1,854 (up 405%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $457,868 | $50,295 | $73,951 | $53,102 |
| Employer contributions per active participant | $17,314 | $2,045 | $3,219 | $2,175 |
| Schedule C compensation per participant | $175 | $82.08 | $148 | $123 |
| Schedule C compensation, share of net assets | 0.04% | 0.17% | 0.22% | 0.26% |
| Administrative expenses per participant | $175 | $82.20 | $140 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 plans), professional, scientific and technical services (9,776) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 1,854 | $849M | $457,868 | $25.4M | $20.1M | $324K |
| 2023 | 1,609 | $746M | $463,411 | $18.4M | $16.8M | $312K |
| 2022 | 1,486 | $519M | $349,452 | $7.7M | $12.9M | $274K |
| 2021 | 1,164 | $569M | $488,982 | $7.1M | $11.4M | $301K |
| 2020 | 809 | $522M | $645,124 | $4.9M | $7.7M | $292K |
| 2019 | 815 | $307M | $376,607 | $4.7M | $7.2M | $356K |
| 2018 | 791 | $258M | $325,760 | $4.5M | $6.8M | $364K |
| 2017 | 915 | $287M | $313,825 | $8.4M | $6.8M | $385K |
| 2016 | 875 | $237M | $270,935 | $7.5M | $6.1M | $349K |
| 2015 | 879 | $215M | $245,024 | $5.8M | $4.0M | $329K |
| 2014 | 558 | $177M | $316,324 | $6.0M | $4.0M | $296K |
| 2013 | 580 | $168M | $289,872 | $5.9M | $4.1M | $266K |
| 2012 | 604 | $137M | $227,036 | $5.7M | $4.0M | $212K |
| 2011 | 508 | $114M | $224,307 | $5.1M | $3.3M | $153K |
| 2010 | 510 | $110M | $215,347 | $1.8M | $3.3M | $37K |
| 2009 | 367 | $34.3M | $93,594 | — | $2.4M | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$745,628,890
- Employer contributions$25,416,868
- Participant contributions$20,114,422
- Rollovers and other contributions$3,962,693
- Total contributions$49,493,983
- Total income, including investment results$153,234,468
- Benefits paid$49,642,803
- Administrative expenses$325,086
- Total expenses$49,976,200
- Net income$103,258,268
- Net transfers$0
- Net assets, end of year$848,887,158
Participants
- Active participants1,468
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits384
- Participants with account balances1,807
- Total participants, end of year1,854
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Empower Annuity Insurance Company | Recordkeeping fees | $62,760 | $0 |
| Merrill Lynch Pierce Fenner Smith | Investment advisory (participants) | $62,028 | $0 |
| Mariner LLC | Investment advisory (participants); Securities brokerage | $38,035 | $0 |
| At Investment Advisors | Investment advisory (participants); Securities brokerage | $26,875 | $0 |
| Woodley Farra Manion Portfolio | Investment advisory (participants); Securities brokerage | $20,909 | $0 |
| Morgan Stanley Smith Barney LLC | Investment advisory (participants); Securities brokerage; Other services; Investment management; Custodial (securities) | $20,306 | $0 |
| Curry Webb Wealth Management | Investment advisory (participants); Securities brokerage | $17,901 | $0 |
| Corient Private Wealth LLC | Investment advisory (participants); Securities brokerage | $10,780 | $0 |
| MCF Advisors LLC | Investment advisory (participants); Securities brokerage | $9,083 | $0 |
| Northwestern Mutual | Investment advisory (participants); Securities brokerage | $8,748 | $0 |
| Mai Capital Management LLC | Investment advisory (participants); Securities brokerage | $8,438 | $0 |
| Capital MGMT Services Inc. | Investment advisory (participants); Securities brokerage | $7,673 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 3 smaller rows are not shown. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$262,326
- Recordkeeping fees$62,760
- Total administrative expenses$325,086
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$389M · 45.8%
- Common/collective trusts$341M · 40.2%
- Other investments$72.8M · 8.6%
- Pooled separate accounts$43.8M · 5.2%
- Participant loans$2.6M · 0.3%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmKatz, Sapper & Miller LLP
- Participant contributions reported as transmitted lateYes, $1,995
- Covered by a fidelity bondYes, $5,000,000
- Blackout period during the yearYes
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2TTotal or partial participant-directed account plan with a default investment account2RParticipant-directed brokerage accounts provided as an investment option under the plan3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541110: Offices of Lawyers.
Other plans of Taft Stettinius & Hollister LLP
| Plan | Participants | Net assets |
|---|---|---|
| Taft Stettinius & Hollister LLP Retirement Plan for Partners | 471 | $44.0M |
Similar plans in Ohio
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Park Place Technologies 401(k) Profit Sharing Plan | Park Place Technologies, LLC | 1,871 | $153M | $81,581 |
| Verdantas LLC Retirement Plan | Verdantas LLC | 1,831 | $202M | $110,339 |
| Veeam Software Corporation 401(k) Plan | Veeam Software Corporation | 2,065 | $191M | $92,670 |
| Squire Patton Boggs Retirement Savings Plan | Squire Patton Boggs (US) LLP | 1,819 | $869M | $477,535 |
| Aml Rightsource, LLC 401(k) Profit Sharing Plan | Aml Rightsource, LLC | 2,089 | $33.1M | $15,865 |
| Ssoe, Inc. Profit Sharing and Savings Plan and Trust | Ssoe, Inc. | 1,686 | $286M | $169,526 |
Defined contribution plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Taft Stettinius & Hollister LLP Thrift Savings & Retirement Plan?
1,854 participants at the end of the plan year ending 31 Dec 2024, of whom 1,468 were active employees, with net assets of $848,887,158. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.
What does Taft Stettinius & Hollister LLP contribute per participant?
The filing reports $25,416,868 in employer contributions for the year, which is $17,314 per active participant; the median for plans of the same type and size was $2,045 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $324,459 in compensation to service provider organisations, $175 per participant or 0.04% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $325,086. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Taft Stettinius & Hollister LLP. Recordkeeping or administration: Empower Annuity Insurance Company. Investment advisory or management: Merrill Lynch Pierce Fenner Smith, Mariner LLC and At Investment Advisors. Trustee or custodian: Morgan Stanley Smith Barney LLC. The financial statements were audited by Katz, Sapper & Miller LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 15 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 31-0541755, plan 004, received 15 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.