Plan Ledger DOL Form 5500 · updated monthly

A & D Technology, Inc.401(k)

A & D TECHNOLOGY, INC. 401(K) PLAN · ANN ARBOR, MI · plan year 2023

Reported admin expense ratio · 2023
0.23%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

A & D Technology, Inc. reported $53,093 in plan administrative expenses for 2023: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,485 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.22% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 883rd-largest of 2,619 plans among Michigan employers on file, and the 5,126th of 13,661 in manufacturing. In 2023, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,013,886
Participants with balances96
Active participants54
Employer contributions$242,216
Employee contributions$781,658
Employer contribution per active participant$4,485
Average account balance$260,561
Benefits paid to participants$977,629
Plan auditUnmodified (clean) audit opinion
AuditorHUNGERFORD
Plan history2
Yearassets · accounts · employer contribution
2023$25.0M · 96 accts · $242K emplr
2022$21.1M · 104 accts · $250K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,393
Investment management$28,000
Audit (IQPA)$10,700
Total administrative$53,093
The A & D Technology, Inc. 401(k) match · 2023
Employer contribution per active participant$4,485
Median for plans this size$2,440
2023$4,485 per active participant
2022$4,308 per active participant

A & D Technology, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Pension consulting$27,999
ADP, INC. · Recordkeeping$14,593
HUNGERFORD, ALDRIN, NICHOLS & CARTE · Recordkeeping · Pension consulting$10,500
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$53,093 · 0.23%
2022$53,700 · 0.22%
Same employer
Similar plansManufacturing · Michigan
Glastender, Inc. MI$25.4M · 0.40%
A123 Systems LLC MI$25.3M · 0.28%
Commercial Tool & Die, Inc. MI$25.2M · 0.35%
Rhetech, LLC MI$25.1M · 0.02%
C. Thorrez Industries, Inc. MI$25.0M · 0.15%
Roskam Baking Company MI$25.0M · 0.46%
Howard Miller Company MI$25.0M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202813873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.