Plan Ledger DOL Form 5500 · updated monthly

Ashley F. Ward, Inc.401(k)

ASHLEY F. WARD, INC. RETIREMENT SAVINGS PLAN · MASON, OH · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Ashley F. Ward, Inc. reported $66,794 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $837 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 0.73% to 0.81%. 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 Ohio (2,140th of 3,295), and 9,422nd of 13,661 in manufacturing. In 2024, employees put in $6.59 for every $1.00 the employer contributed; active participation has shrunk from 85 to 58 since 2022.

Plan summary
Net assets, end of year$8,539,643
Participants with balances89
Active participants58
Employer contributions$48,537
Employee contributions$319,799
Employer contribution per active participant$837
Average account balance$95,951
Benefits paid to participants$362,522
Plan auditUnmodified (clean) audit opinion
AuditorHK CAMPELL AND CO.
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 89 accts · $49K emplr
2023$8.0M · 117 accts · $51K emplr
2022$7.4M · 136 accts · $56K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,818
Investment management$24,376
Audit (IQPA)$19,600
Total administrative$66,794
The Ashley F. Ward, Inc. 401(k) match · 2024
Employer contribution per active participant$837
Median for plans this size$1,313
2024$837 per active participant
2023$670 per active participant
2022$664 per active participant

Ashley F. Ward, Inc.'s 2024 employer contribution ran below 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 · 20244
H K CAMPBELL & COMPANY · Accounting / audit$19,600
EMPOWER ADVISORY GROUP, LLC · Investment management$19,576
FIFTH THIRD BANK · Investment advisory (plan)$4,800

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$66,794 · 0.81%
2023$44,257 · 0.58%
2022$57,020 · 0.73%
Similar plansManufacturing · Ohio
Tfs, LTD. OH$8.6M · 0.03%
Nsi Crankshaft LLC OH$8.6M · 0.70%
The Chilcote Company OH$8.5M · 0.46%
Bescast, Inc. OH$8.4M · 0.56%
Lumitex, LLC OH$8.4M · 0.59%
Magna Machine Co. OH$8.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310480900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.