Plan Ledger DOL Form 5500 · updated monthly

Auburn Gear, LLC401(k)

AUBURN GEAR, LLC 401(K) PLAN · AUBURN, IN · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Auburn Gear, LLC reported $62,057 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,879 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 0.31% to 0.41%. 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 the 596th-largest of 1,562 plans among Indiana employers on file, and the 6,226th of 13,661 in manufacturing. In 2023, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 146 to 168 since 2022.

Plan summary
Net assets, end of year$18,501,805
Participants with balances223
Active participants168
Employer contributions$819,652
Employee contributions$902,394
Employer contribution per active participant$4,879
Average account balance$82,968
Benefits paid to participants$3,371,531
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 194 accts · $743K emplr
2023$18.5M · 223 accts · $820K emplr
2022$17.5M · 181 accts · $724K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$62,057
Total administrative$62,057
The Auburn Gear, LLC 401(k) match · 2023
Employer contribution per active participant$4,879
Median for plans this size$2,440
2024$5,460 per active participant
2023$4,879 per active participant
2022$4,958 per active participant

Auburn Gear, LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 · 20234
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)$25,000
EMPOWER ADVISORY GROUP, LLC · Investment management$7,033
RETIREMENT PLAN CONCEPTS & SERVICES · Contract administrator$5,400

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$75,904 · 0.41%
2023$62,057 · 0.34%
2022$60,600 · 0.31%
Same employer
Similar plansManufacturing · Indiana
Aluminum Trailer Company IN$18.8M · 0.02%
Anchor Industries, Inc. IN$18.8M · 0.41%
Graber Post Buildings, Inc. IN$18.7M · 0.23%
Micrometl Corporation IN$18.5M · 0.68%
Accurate Castings, Inc. IN$18.3M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311046149 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.