Plan Ledger DOL Form 5500 · updated monthly

Automatic Pool Covers, Inc.401(k)

OAK RIDGE 401(K) PLAN · WESTFIELD, IN · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Automatic Pool Covers, Inc. reported $21,789 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,471 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 0.11% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Indiana (790th of 1,562), and 522nd of 786 in management of companies. In 2024, employees put in $2.08 for every $1.00 the employer contributed; active participation has grown from 216 to 238 since 2022.

Plan summary
Net assets, end of year$12,753,918
Participants with balances290
Active participants238
Employer contributions$588,120
Employee contributions$1,224,202
Employer contribution per active participant$2,471
Average account balance$43,979
Benefits paid to participants$719,834
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 290 accts · $588K emplr
2023$10.2M · 284 accts · $563K emplr
2022$7.2M · 227 accts · $470K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,289
Investment management$5,500
Total administrative$21,789
The Automatic Pool Covers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,471
Median for plans this size$2,416
2024$2,471 per active participant
2023$2,192 per active participant
2022$2,177 per active participant

Automatic Pool Covers, Inc.'s 2024 employer contribution ran above 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$16,289
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$5,500

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$21,789 · 0.19%
2023$10,511 · 0.12%
2022$7,857 · 0.11%
Similar plansManagement of Companies · Indiana
Avis Industrial Corporation IN$47.7M · 0.25%
Csm North America, LLC IN$18.1M · 0.09%
Hughes Group, Inc. IN$12.1M · 0.56%
Huse Culinary Inc. IN$11.7M · 0.19%
New Sunshine, LLC. IN$9.7M · 0.21%
Friendship Bancorp, Inc. IN$9.6M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351451762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.