Plan Ledger DOL Form 5500 · updated monthly

Alan Baird Industries, Inc.401(k)

ALAN BAIRD INDUSTRIES, INC 401(K) PROFIT SHARING PLAN AND TRUST · HO HO KUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Alan Baird Industries, Inc. reported $44,529 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,947 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 3 years on file its reported administrative ratio has held roughly steady near 0.48%. 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 New Jersey (1,528th of 2,419), and 8,886th of 13,661 in manufacturing. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 139 to 175 since 2022.

Plan summary
Net assets, end of year$9,793,600
Participants with balances120
Active participants175
Employer contributions$340,709
Employee contributions$595,141
Employer contribution per active participant$1,947
Average account balance$81,613
Benefits paid to participants$1,007,296
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 120 accts · $341K emplr
2023$8.7M · 116 accts · $318K emplr
2022$6.5M · 102 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,529
Investment management$32,000
Total administrative$44,529
The Alan Baird Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,947
Median for plans this size$1,313
2024$1,947 per active participant
2023$1,937 per active participant
2022$2,087 per active participant

Alan Baird Industries, Inc.'s 2024 employer contribution ran above 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
THE VANGUARD GROUP, INC. · Recordkeeping$12,529
WORLD INVESTMENT ADVISORS · Investment advisory (plan)$32,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$44,529 · 0.48%
2023$36,499 · 0.48%
2022$33,863 · 0.49%
Similar plansManufacturing · New Jersey
Reed-Lane, Inc. NJ$9.9M · 0.36%
Fabuwood Cabinetry Corp. NJ$9.8M · 0.70%
R & D Altanova NJ$9.8M · 0.07%
Beacon Converters, Inc. NJ$9.7M · 0.53%
Takara Belmont USA, Inc. NJ$9.7M · 0.34%
Ics Corporation NJ$9.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223000811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.