Plan Ledger DOL Form 5500 · updated monthly

Ada Technologies, Inc.401(k)

ADA TECHNOLOGIES 401(K) RETIREMENT SAVINGS PLAN · ADA, OH · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Ada Technologies, Inc. reported $52,467 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $961 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 0.77% to 0.70%. 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 (2,212th of 3,295), and 9,742nd of 13,661 in manufacturing. In 2024, employees put in $3.40 for every $1.00 the employer contributed; active participation has shrunk from 124 to 101 since 2022.

Plan summary
Net assets, end of year$7,848,965
Participants with balances141
Active participants101
Employer contributions$97,092
Employee contributions$330,372
Employer contribution per active participant$961
Average account balance$55,666
Benefits paid to participants$548,682
Plan auditUnmodified (clean) audit opinion
AuditorCLARK, SCHAFER HACKETT
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 141 accts · $97K emplr
2023$7.1M · 148 accts · $105K emplr
2022$5.8M · 157 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,844
Investment management$20,623
Total administrative$52,467
The Ada Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$961
Median for plans this size$1,313
2024$961 per active participant
2023$985 per active participant
2022$726 per active participant

Ada Technologies, Inc.'s 2024 employer contribution ran below 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$31,844
CONSOLIDATED FINANCIAL MANAGEMENT · Investment advisory (plan)$20,623

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$52,467 · 0.70%
2023$47,279 · 0.73%
2022$49,841 · 0.77%
Same employer
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%
A&P Tool, Inc. OH$7.9M · 0.69%
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 311454397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.