Plan Ledger DOL Form 5500 · updated monthly

Baird Brothers Sawmill, Inc.401(k)

BAIRD BROTHERS SAWMILL, INC. PROFIT SHARING PLAN · CANFIELD, OH · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Baird Brothers Sawmill, Inc. reported $18,845 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $1,709 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 0.49% to 0.18%. 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 among the smaller plans on file in Ohio (1,871st of 3,295), and 8,204th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,431,361
Participants with balances120
Active participants133
Employer contributions$227,300
Employee contributions$409,204
Employer contribution per active participant$1,709
Average account balance$95,261
Benefits paid to participants$264,990
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 120 accts · $227K emplr
2023$9.6M · 113 accts · $226K emplr
2022$8.5M · 100 accts · $195K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,777
Investment management$5,068
Total administrative$18,845
The Baird Brothers Sawmill, Inc. 401(k) match · 2024
Employer contribution per active participant$1,709
Median for plans this size$2,416
2024$1,709 per active participant
2023$1,688 per active participant
2022$1,513 per active participant

Baird Brothers Sawmill, 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 · 20242
EPIC · Recordkeeping · Custodial$11,710
GEM-YOUNG · Investment advisory (plan)$5,068

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

Recordkeeper by year2
2024EPIC
2023EPIC

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

Administrative cost history3
2024$18,845 · 0.18%
2023$16,580 · 0.18%
2022$39,855 · 0.49%
Same employer
Similar plansManufacturing · Ohio
Rfd Beaufort Inc. OH$11.5M · 0.68%
Vinylmax LLC OH$11.5M · 0.68%
Superior Dairy, Inc. OH$11.5M · 0.31%
Haver Tyler, Inc. OH$11.4M · 0.20%
B-K Tool & Design, Inc. OH$11.4M · 0.02%
Techmetals, Inc. OH$11.4M · 0.11%
McGregor Metal Holdings LLC OH$11.4M · 0.20%
Gmi Companies, Inc. OH$11.3M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341041202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.