Plan Ledger DOL Form 5500 · updated monthly

Aakron Rule CorporationProfit-sharing plan

AAKRON RULE CORP. PROFIT SHARING PLAN · AKRON, NY · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Aakron Rule Corporation reported $49,539 in plan administrative expenses for 2023: 0.80% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,767 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 fell from 0.83% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,189th of 5,648), and 10,457th of 13,661 in manufacturing. active participation has grown from 151 to 180 since 2022.

Plan summary
Net assets, end of year$6,435,201
Participants with balances193
Active participants180
Employer contributions$318,103
Employee contributions—
Employer contribution per active participant$1,767
Average account balance$33,343
Benefits paid to participants$707,090
Plan auditUnmodified (clean) audit opinion
AuditorCHIAMPOU TRAVIS BESAW & KERSHER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 194 accts · $350K emplr
2023$6.4M · 193 accts · $318K emplr
2022$5.9M · 195 accts · $322K emplr
Administrative expenses, itemized · 2023
Investment management$49,539
Total administrative$49,539
Employer contributions to the Aakron Rule Corporation plan · 2023
Employer contribution per active participant$1,767
Median for plans this size$1,308
2024$1,841 per active participant
2023$1,767 per active participant
2022$2,130 per active participant

Aakron Rule Corporation's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
UBS FINANCIAL · Investment management$49,538

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$26,522 · 0.42%
2023$49,539 · 0.80%
2022$55,650 · 0.83%
Similar plansManufacturing · New York
Idea Nuova, Inc. NY$6.7M · 0.02%
Dvf Studio, LLC NY$6.7M · 0.91%
Levain Bakery, Inc. NY$6.4M · 0.90%
Seviroli Foods, LLC NY$6.4M · 0.17%
Haakon Industries, Inc. NY$6.4M · 1.27%
Costanzo's Bakery, LLC NY$6.4M · 0.56%
J.M. Haley Corp. NY$6.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160919851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.