Plan Ledger DOL Form 5500 · updated monthly

Air-Flo Manufacturing Co., Inc.401(k)

AIR-FLO MANUFACTURING 401(K) PLAN · ELMIRA HEIGHTS, NY · plan year 2022

Reported admin expense ratio · 2022
1.02%

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

Air-Flo Manufacturing Co., Inc. reported $29,065 in plan administrative expenses for 2022: 1.02% of average plan assets, higher than ~75% of peers. Employer contributions averaged $258 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 New York (4,984th of 5,648), and 12,477th of 13,661 in manufacturing. In 2022, employees put in $3.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,658,474
Participants with balances65
Active participants140
Employer contributions$36,096
Employee contributions$142,203
Employer contribution per active participant$258
Average account balance$40,900
Benefits paid to participants$160,946
Plan auditUnmodified (clean) audit opinion
AuditorMENGEL METZGER BARR & CO
The Air-Flo Manufacturing Co., Inc. 401(k) match · 2022
Employer contribution per active participant$258
Median for plans this size$1,114

Air-Flo Manufacturing Co., Inc.'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$29,065 · 1.02%
Similar plansManufacturing · New York
I Spiewak & Sons Inc NY$2.9M · 0.31%
Mini Graphics Inc NY$2.8M · 0.22%
Willet Dairy, LLC NY$2.8M · 0.33%
Maco Bag Corporation NY$2.7M · 0.98%
Weco Manufacturing Group NY$2.7M · 0.35%
Crye American, LLC NY$2.6M · 0.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 160757910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.