Plan Ledger DOL Form 5500 · updated monthly

Anderson Wood Products CompanyMoney purchase plan

ANDERSON WOOD PRODUCTS COMPANY MONEY PURCHASE PENSION PLAN · LOUISVILLE, KY · plan year 2023

Reported admin expense ratio · 2023
0.99%

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

Anderson Wood Products Company reported $19,319 in plan administrative expenses for 2023: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,158 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 0.88% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Kentucky (781st of 871), and 12,846th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$1,947,869
Participants with balances117
Active participants82
Employer contributions$94,971
Employee contributions—
Employer contribution per active participant$1,158
Average account balance$16,648
Benefits paid to participants$304,092
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN CPAS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 108 accts · $88K emplr
2023$1.9M · 117 accts · $95K emplr
2022$1.9M · 126 accts · $101K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,154
Investment management$3,565
Audit (IQPA)$10,600
Total administrative$19,319
Employer contributions to the Anderson Wood Products Company plan · 2023
Employer contribution per active participant$1,158
Median for plans this size$1,308
2024$1,593 per active participant
2023$1,158 per active participant
2022$1,330 per active participant

Anderson Wood Products Company's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
BALDWIN CPAS PLLC · Accounting / audit$10,600
RETIREMENT MANAGEMENT SERVICES, LLC · Consulting$4,000
ROBERT W BAIRD & CO · Investment advisory (plan)$3,565

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

Administrative cost history3
2024$23,955 · 1.24%
2023$19,319 · 0.99%
2022$20,327 · 0.88%
Similar plansManufacturing · Kentucky
Bruss North America, Inc. KY$2.7M · 0.10%
Flynn Enterprises, LLC KY$2.6M · 0.29%
Johnan America , Inc KY$2.5M · 0.67%
Ermanco Conveyor, Inc. KY$2.2M · 0.05%
Iwis-Daido, LLC KY$1.7M · 0.70%
Bondtech Corporation KY$1.7M · 1.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610647369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.