Plan Ledger DOL Form 5500 · updated monthly

Ashley Industrial Molding, Inc.401(k)

ASHLEY INDUSTRIAL MOLDING, INC. 401(K) PLAN · ASHLEY, IN · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Ashley Industrial Molding, Inc. reported $150,296 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,824 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 0.66%. 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 the 491st-largest of 1,562 plans among Indiana employers on file, and the 5,212th of 13,661 in manufacturing. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has shrunk from 464 to 417 since 2022.

Plan summary
Net assets, end of year$24,356,347
Participants with balances362
Active participants417
Employer contributions$760,601
Employee contributions$1,219,830
Employer contribution per active participant$1,824
Average account balance$67,283
Benefits paid to participants$1,751,788
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER
Plan history3
Yearassets · accounts · employer contribution
2024$24.4M · 362 accts · $761K emplr
2023$21.5M · 411 accts · $896K emplr
2022$17.5M · 404 accts · $910K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,296
Total administrative$150,296
The Ashley Industrial Molding, Inc. 401(k) match · 2024
Employer contribution per active participant$1,824
Median for plans this size$2,416
2024$1,824 per active participant
2023$1,863 per active participant
2022$1,962 per active participant

Ashley Industrial Molding, 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$4,152
RAYMOND JAMES FSA INC · Investment advisory (participants)$55,922
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$4,474

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$150,296 · 0.66%
2023$127,132 · 0.65%
2022$123,200 · 0.68%
Same employer
Similar plansManufacturing · Indiana
Universal Bearings, LLC IN$25.7M · 0.52%
Murray Equipment, Inc IN$24.6M · 0.26%
Morryde International, Inc. IN$24.5M · 0.45%
The Flexaust Company, Inc. IN$22.3M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352136001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.