Plan Ledger DOL Form 5500 · updated monthly

Aalberts Surface Treatment Corp.401(k)

AALBERTS SURFACE TREATMENT CORP. RETIREMENT SAVINGS PLAN · CLEVELAND, TN · plan year 2022

Reported admin expense ratio · 2022
1.09%

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

Aalberts Surface Treatment Corp. reported $29,974 in plan administrative expenses for 2022: 1.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $962 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.

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 Tennessee (1,259th of 1,496), and 12,500th of 13,661 in manufacturing. In 2022, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,614,545
Participants with balances83
Active participants84
Employer contributions$80,778
Employee contributions$227,951
Employer contribution per active participant$962
Average account balance$31,501
Benefits paid to participants$158,212
Plan auditUnmodified (clean) audit opinion
AuditorJ.K. BOATWRIGHT & CO. P.C.
The Aalberts Surface Treatment Corp. 401(k) match · 2022
Employer contribution per active participant$962
Median for plans this size$1,114

Aalberts Surface Treatment Corp.'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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$29,974 · 1.09%
Similar plansManufacturing · Tennessee
Crescent Sock Company TN$2.8M · 0.45%
Metrican Stamping LLC TN$2.7M · 1.33%
Precision Molding, Inc. TN$2.6M · 0.68%
Vanguard Soap LLC TN$2.5M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582086906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.