Plan Ledger DOL Form 5500 · updated monthly

Adalet/Scott Fetzer Company401(k)

ADALET IBEW LOCAL NO. 1377 401(K) RETIREMENT SAVINGS PLAN · CLEVELAND, OH · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

Adalet/Scott Fetzer Company reported $17,888 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. Employer contributions averaged $444 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 Ohio (2,812th of 3,295), and 12,136th of 13,661 in manufacturing. In 2022, employees put in $5.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,263,126
Participants with balances75
Active participants79
Employer contributions$35,073
Employee contributions$187,633
Employer contribution per active participant$444
Average account balance$43,508
Benefits paid to participants$118,985
Plan auditUnmodified (clean) audit opinion
AuditorD'AMICO WAWRIN & COMPANY CPAS LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,888
Total administrative$17,888
The Adalet/Scott Fetzer Company 401(k) match · 2022
Employer contribution per active participant$444
Median for plans this size$1,114

Adalet/Scott Fetzer Company's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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$17,888 · 0.52%
Similar plansManufacturing · Ohio
Alcon Industries Inc OH$3.3M · 0.76%
Jr Engineering, Inc. OH$3.3M · 0.05%
Profusion Industries, LLC OH$3.2M · 0.37%
Mandu, Inc. OH$3.1M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470691259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.