Abrasive Technology, Inc.Profit-sharing plan
ABRASIVE TECHNOLOGY, INC. RETIREMENT PLAN · LEWIS CENTER, OH · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Abrasive Technology, Inc. reported $111,836 in plan administrative expenses for 2022: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,084 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 0.53% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,362nd-largest of 3,295 plans among Ohio employers on file, and the 6,087th of 13,661 in manufacturing.
Abrasive Technology, Inc.'s 2022 employer contribution ran below the $2,266 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 310802865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.