Plan Ledger DOL Form 5500 · updated monthly

Aurora Plastics, Inc.401(k)

AURORA PLASTICS, INC. PROFIT SHARING PLAN · STREETSBORO, OH · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Aurora Plastics, Inc. reported $76,721 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,132 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 0.18% to 0.49%. 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 1,457th-largest of 3,295 plans among Ohio employers on file, and the 6,427th of 13,661 in manufacturing. In 2024, employees put in $2.14 for every $1.00 the employer contributed; active participation has grown from 191 to 280 since 2022.

Plan summary
Net assets, end of year$17,644,896
Participants with balances224
Active participants280
Employer contributions$596,969
Employee contributions$1,274,844
Employer contribution per active participant$2,132
Average account balance$78,772
Benefits paid to participants$475,022
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 224 accts · $597K emplr
2023$13.9M · 159 accts · $698K emplr
2022$9.7M · 165 accts · $702K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,836
Investment management$17,376
Total administrative$76,721
The Aurora Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$2,132
Median for plans this size$2,416
2024$2,132 per active participant
2023$3,923 per active participant
2022$3,677 per active participant

Aurora Plastics, 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
ANGELL PENSION GROUP · Investment advisory (participants) · Investment advisory (plan)$35,509
GLOBAL RETIREMENT PARTNERS, LLC$17,377

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$76,721 · 0.49%
2023$49,265 · 0.42%
2022$21,694 · 0.18%
Similar plansManufacturing · Ohio
Bearing Technologies, LTD OH$17.7M · 0.10%
Steere Enterprises, Inc. OH$17.7M · 0.25%
Capital Resin Corporation OH$17.7M · 0.32%
Armor Metal Group, Inc. OH$17.5M · 0.49%
Wyandot, Inc. OH$17.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341851391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.