Plan Ledger DOL Form 5500 · updated monthly

Ariel Corporation401(k)

ARIEL CORPORATION EMPLOYEE RETIREMENT PLAN · MOUNT VERNON, OH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ariel Corporation reported $185,166 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $10,600 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 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 129th-largest of 3,295 plans among Ohio employers on file, and the 690th of 13,661 in manufacturing. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has grown from 1,473 to 1,693 since 2022.

Plan summary
Net assets, end of year$390,733,157
Participants with balances1,704
Active participants1,693
Employer contributions$17,945,577
Employee contributions$11,094,275
Employer contribution per active participant$10,600
Average account balance$229,303
Benefits paid to participants$34,864,811
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$390.7M · 1,704 accts · $17.9M emplr
2023$354.4M · 1,646 accts · $17.2M emplr
2022$299.9M · 1,620 accts · $14.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,166
Total administrative$185,166
The Ariel Corporation 401(k) match · 2024
Employer contribution per active participant$10,600
Median for plans this size$4,294
2024$10,600 per active participant
2023$11,624 per active participant
2022$10,097 per active participant

Ariel Corporation's 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$90,166

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$185,166 · 0.05%
2023$236,935 · 0.07%
2022$137,695 · 0.04%
Same employer
Similar plansManufacturing · Ohio
Materion Corporation OH$465.8M · 0.10%
Babcock & Wilcox Company OH$457.4M · 0.04%
O-I Glass, Inc. OH$415.0M · 0.05%
First Solar, Inc. OH$361.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310721681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.