Plan Ledger DOL Form 5500 · updated monthly

American Roller Bearing, Inc.401(k)

THE TIMKEN ARB SAVINGS AND INVESTMENT RETIREMENT PLAN · CANTON, OH · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

American Roller Bearing, Inc. reported $8,735 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,098 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 rose from 0.04% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,727th of 3,295), and 7,654th of 13,661 in manufacturing. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has shrunk from 191 to 164 since 2023.

Plan summary
Net assets, end of year$13,191,961
Participants with balances178
Active participants164
Employer contributions$344,086
Employee contributions$288,020
Employer contribution per active participant$2,098
Average account balance$74,112
Benefits paid to participants$1,640,092
Plan auditUnmodified (clean) audit opinion
AuditorBOBER MARKEY FEDOROVICH
Plan history3
Yearassets · accounts · employer contribution
2025$12.7M · 135 accts · $299K emplr
2024$13.2M · 178 accts · $344K emplr
2023$12.6M · 203 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,735
Total administrative$8,735
The American Roller Bearing, Inc. 401(k) match · 2024
Employer contribution per active participant$2,098
Median for plans this size$2,416
2025$2,791 per active participant
2024$2,098 per active participant
2023$5,895 per active participant

American Roller Bearing, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$8,735

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

Recordkeeper by year3
2025Empower
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2025$8,778 · 0.07%
2024$8,735 · 0.07%
2023$4,457 · 0.04%
Same employer
Similar plansManufacturing · Ohio
Jr Manufacturing, Inc. OH$13.3M · 0.04%
Repacorp, Inc. OH$13.3M · 0.01%
Sandusky International Inc OH$13.2M · 0.12%
Star Manufacturing, LLC OH$13.2M · 0.51%
Crawford United 401(K) Plan OH$13.1M · 0.60%
Upc Holdings III Corp. OH$13.1M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921443732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.