Plan Ledger DOL Form 5500 · updated monthly

31 Incorporated401(k)

31 INCORPORATED EMPLOYEES 401K PLAN · NEWCOMERSTOWN, OH · plan year 2022

Employer contribution per participant · 2022
$896

31 Incorporated's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,447,680 across 89 participant accounts, with employer contributions averaging $896 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,783rd of 3,295), and 12,039th of 13,661 in manufacturing. In 2022, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,447,680
Participants with balances89
Active participants102
Employer contributions$91,405
Employee contributions$217,321
Employer contribution per active participant$896
Average account balance$38,738
Plan auditUnmodified (clean) audit opinion
The 31 Incorporated 401(k) match · 2022
Employer contribution per active participant$896
Median for plans this size$1,114

31 Incorporated's 2022 employer contribution ran below the $1,114 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Similar plansManufacturing · Ohio
Casad Company, Inc. OH$3.5M · 0.19%
Therm-O-Link, Inc. OH$3.5M · 0.33%
Wrwp, LLC OH$3.5M · 0.16%
Jakprints, Inc OH$3.4M · 0.42%
Alcon Industries Inc OH$3.3M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340949527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.