Plan Ledger DOL Form 5500 · updated monthly

Atco Industries LLC401(k)

ATCO INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN · STERLING HEIGHTS, MI · plan year 2022

Reported admin expense ratio · 2022
1.22%

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

Atco Industries LLC reported $45,218 in plan administrative expenses for 2022: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,018 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 1 year on file its reported administrative ratio rose from 1.22% to 2.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (2,167th of 2,619), and 11,924th of 13,661 in manufacturing. In 2022, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,674,788
Participants with balances441
Active participants448
Employer contributions$456,112
Employee contributions$414,737
Employer contribution per active participant$1,018
Average account balance$8,333
Benefits paid to participants$317,568
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.6M · 785 accts · $173K emplr
2022$3.7M · 441 accts · $456K emplr
The Atco Industries LLC 401(k) match · 2022
Employer contribution per active participant$1,018
Median for plans this size$1,114
2023$318 per active participant
2022$1,018 per active participant

Atco Industries LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$78,399 · 2.16%
2022$45,218 · 1.22%
Same employer
Similar plansManufacturing · Michigan
Ads US, Inc. MI$3.9M · 0.45%
G.A. Richards Company MI$3.8M · 0.58%
World Tek Industries, LLC MI$3.6M · 0.13%
Lawrence Plastics, LLC MI$3.6M · 0.08%
Comfortresearch, L.L.C. MI$3.5M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382348163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.