Plan Ledger DOL Form 5500 · updated monthly

A.K. Industries, Inc.401(k)

A.K. INDUSTRIES, INC. PROFIT SHARING PLAN · PLYMOUTH, IN · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

A.K. Industries, Inc. reported $10,415 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,337 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 2 years on file its reported administrative ratio rose from 0.17% to 0.21%. 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 Indiana (1,135th of 1,562), and 10,947th of 13,661 in manufacturing. In 2024, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,487,431
Participants with balances148
Active participants225
Employer contributions$300,725
Employee contributions$489,588
Employer contribution per active participant$1,337
Average account balance$37,077
Benefits paid to participants$397,766
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 148 accts · $301K emplr
2023$4.7M · 134 accts · $260K emplr
2022$3.8M · 128 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,415
Total administrative$10,415
The A.K. Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,337
Median for plans this size$1,313
2024$1,337 per active participant
2023$1,217 per active participant
2022$1,044 per active participant

A.K. Industries, Inc.'s 2024 employer contribution ran above the $1,313 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.

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 · 20244
LATITUDE SERVICE COMPANY, INC. · Contract administrator · Other services$5,615
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$4,802
BAIRD INSURANCE SERVICES INC · Other servicesindirect comp
WISHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$10,415 · 0.21%
2023$9,611 · 0.23%
2022$5,818 · 0.17%
Same employer
Similar plansManufacturing · Indiana
Nasco Industries, Inc. IN$5.6M · 0.25%
Ditto Sales, Inc. IN$5.4M · 0.64%
Gdc, Inc. IN$5.4M · 0.50%
Fronius USA, LLC IN$5.4M · 0.90%
B & J Specialty, Inc. IN$5.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351515023 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.