Plan Ledger DOL Form 5500 · updated monthly

Ball Chain Manufacturing Company, Inc.401(k)

BALL CHAIN MANUFACTURING COMPANY, INC. 401(K) PROFIT SHARING PLAN · MOUNT VERNON, NY · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Ball Chain Manufacturing Company, Inc. reported $60,999 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,429 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 3 years on file its reported administrative ratio has held roughly steady near 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (3,964th of 5,648), and 9,819th of 13,661 in manufacturing. In 2024, employees put in $1.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,673,102
Participants with balances135
Active participants73
Employer contributions$177,293
Employee contributions$242,735
Employer contribution per active participant$2,429
Average account balance$56,838
Benefits paid to participants$116,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 135 accts · $177K emplr
2023$6.6M · 138 accts · $180K emplr
2022$5.6M · 128 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,553
Investment management$40,446
Total administrative$60,999
The Ball Chain Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$2,429
Median for plans this size$1,313
2024$2,429 per active participant
2023$2,362 per active participant
2022$2,357 per active participant

Ball Chain Manufacturing Company, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$40,474
EMPOWER ADVISORY GROUP, LLC · Investment management$898

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$60,999 · 0.85%
2023$51,767 · 0.85%
2022$52,120 · 0.87%
Similar plansManufacturing · New York
Icm Controls Corp NY$7.9M · 0.26%
Currier Plastics, Inc. NY$7.8M · 1.37%
Thomas Electronics, Inc. NY$7.7M · 0.54%
Zenger Group, Inc NY$7.7M · 0.51%
Gourmet Boutique, LLC NY$7.7M · 0.98%
Robert E. Derecktor, Inc. NY$7.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131696763 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.