Plan Ledger DOL Form 5500 · updated monthly

A&P Tool, Inc.401(k)

APT MANUFACTURING SOLUTIONS 401(K) PLAN · HICKSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

A&P Tool, Inc. reported $51,299 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $2,357 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 3 years on file its reported administrative ratio has held roughly steady near 0.687%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,209th of 3,295), and 9,722nd of 13,661 in manufacturing. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,901,195
Participants with balances91
Active participants72
Employer contributions$169,709
Employee contributions$553,604
Employer contribution per active participant$2,357
Average account balance$86,826
Benefits paid to participants$851,282
Plan auditUnmodified (clean) audit opinion
AuditorSTEYER & CO, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 91 accts · $170K emplr
2023$7.0M · 101 accts · $165K emplr
2022$5.9M · 104 accts · $154K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,279
Investment management$22,020
Total administrative$51,299
The A&P Tool, Inc. 401(k) match · 2024
Employer contribution per active participant$2,357
Median for plans this size$1,313
2024$2,357 per active participant
2023$2,201 per active participant
2022$2,029 per active participant

A&P Tool, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$29,279
VENTURE VISIONARY PARTNERS LLC · Investment advisory (plan)$22,020

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$51,299 · 0.69%
2023$45,773 · 0.71%
2022$43,452 · 0.69%
Similar plansManufacturing · Ohio
Nanotronics Imaging, Inc. OH$8.1M · 0.58%
Zimmer Surgical, Inc. OH$8.0M · 0.02%
Foam Seal, Inc. OH$7.9M · 0.66%
Ada Technologies, Inc. OH$7.8M · 0.70%
Jbm Packaging Company OH$7.8M · 0.90%
Winzeler Stamping Company OH$7.8M · 0.33%
Fabriweld Corporation OH$7.6M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341816209 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.