Plan Ledger DOL Form 5500 · updated monthly

Adb Safegate Americas, LLC401(k)

ADB SAFEGATE AMERICAS LLC 401(K) PLAN · GAHANNA, OH · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Adb Safegate Americas, LLC reported $27,795 in plan administrative expenses for 2022: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,212 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,115th-largest of 3,295 plans among Ohio employers on file, and the 5,093rd of 13,661 in manufacturing. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,195,837
Participants with balances294
Active participants208
Employer contributions$876,101
Employee contributions$1,410,022
Employer contribution per active participant$4,212
Average account balance$85,700
Benefits paid to participants$2,597,261
Plan auditUnmodified (clean) audit opinion
AuditorBODINE PERRY, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $202 emplr
2022$25.2M · 294 accts · $876K emplr
The Adb Safegate Americas, LLC 401(k) match · 2022
Employer contribution per active participant$4,212
Median for plans this size$2,266

Adb Safegate Americas, LLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 history2
2023Not separately reported
2022$27,795 · 0.10%
Same employer
Similar plansManufacturing · Ohio
Westerman, Inc. OH$25.7M · 0.37%
Prime Conduit, Inc. OH$25.6M · 0.08%
Usui International Corp OH$25.3M · 0.50%
Miller Products, Inc. OH$25.2M · 0.54%
Haas Door Company OH$25.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943470237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.