Plan Ledger DOL Form 5500 · updated monthly

Ats Corporation401(k)

ATS CORPORATION 401K RETIREMENT · LEWIS CENTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Ats Corporation reported $254,562 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $3,092 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 0.19% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 238th-largest of 3,295 plans among Ohio employers on file, and the 1,281st of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 930 to 1,471 since 2022.

Plan summary
Net assets, end of year$175,417,433
Participants with balances2,056
Active participants1,471
Employer contributions$4,548,694
Employee contributions$11,000,676
Employer contribution per active participant$3,092
Average account balance$85,320
Benefits paid to participants$24,151,799
Plan auditUnmodified (clean) audit opinion
AuditorHBK CPAS & CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$175.4M · 2,056 accts · $4.5M emplr
2023$159.4M · 2,238 accts · $4.5M emplr
2022$96.8M · 1,422 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,301
Investment management$94,261
Total administrative$254,562
The Ats Corporation 401(k) match · 2024
Employer contribution per active participant$3,092
Median for plans this size$3,635
2024$3,092 per active participant
2023$3,004 per active participant
2022$2,992 per active participant

Ats Corporation's 2024 employer contribution ran below the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$174,578
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$80,000
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$254,562 · 0.15%
2023$279,768 · 0.22%
2022$198,575 · 0.19%
Same employer
Similar plansManufacturing · Ohio
Associated Materials, LLC OH$186.0M · 0.17%
Standard Textile Co., Inc. OH$184.6M · 0.06%
Lima Refining Company OH$183.9M · 0.01%
Advics North America, Inc. OH$173.6M · 0.21%
Synthomer Inc. OH$164.1M · 0.06%
Ts Tech Americas, Inc. OH$161.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310882540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.