Plan Ledger DOL Form 5500 · updated monthly

Astro Manufacturing & Design 401(K) Plan401(k)

ASTRO MANUFACTURING & DESIGN 401(K) PLAN · EASTLAKE, OH · plan year 2023

Reported admin expense ratio · 2023
0.28%

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

Astro Manufacturing & Design 401(K) Plan reported $28,225 in plan administrative expenses for 2023: 0.28% of average plan assets, above the peer median. Employer contributions averaged $350 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 fell from 0.27% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,981st of 3,295), and 8,737th of 13,661 in manufacturing. In 2023, employees put in $8.94 for every $1.00 the employer contributed; active participation has shrunk from 87 to 78 since 2022.

Plan summary
Net assets, end of year$10,097,207
Participants with balances98
Active participants78
Employer contributions$27,295
Employee contributions$244,024
Employer contribution per active participant$350
Average account balance$103,033
Benefits paid to participants$1,481,866
Plan auditUnmodified (clean) audit opinion
AuditorSUSTIN, BARTELL & FITZGERALD, L
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 82 accts · $18K emplr
2023$10.1M · 98 accts · $27K emplr
2022$10.0M · 110 accts · $35K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,647
Investment management$21,578
Total administrative$28,225
The Astro Manufacturing & Design 401(K) Plan 401(k) match · 2023
Employer contribution per active participant$350
Median for plans this size$2,440
2024$333 per active participant
2023$350 per active participant
2022$408 per active participant

Astro Manufacturing & Design 401(K) Plan's 2023 employer contribution ran below the $2,440 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
USI ADVISORS INC · Investment advisory (plan)$19,941
EMPOWER ADVISORY GROUP, LLC · Investment management$1,638

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$24,817 · 0.26%
2023$28,225 · 0.28%
2022$33,585 · 0.27%
Similar plansManufacturing · Ohio
Canton Drop Forge, Inc. OH$10.2M · 0.03%
Hirschvogel, Inc. OH$10.2M · 0.72%
Hf Group LLC OH$10.1M · 0.34%
West-Camp Press, Inc. OH$10.0M · 0.01%
Graphel Corporation OH$10.0M · 0.01%
Nmc Company OH$10.0M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341228079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.