Plan Ledger DOL Form 5500 · updated monthly

Balluff, Inc.401(k)

BALLUFF, INC. 401(K) PROFIT SHARING PLAN · FLORENCE, KY · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Balluff, Inc. reported $141,581 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $4,101 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 0.37% to 0.42%. 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 201st-largest of 871 plans among Kentucky employers on file, and the 4,075th of 13,661 in manufacturing. In 2024, employees put in $2.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,366,932
Participants with balances217
Active participants152
Employer contributions$623,290
Employee contributions$1,404,271
Employer contribution per active participant$4,101
Average account balance$158,373
Benefits paid to participants$6,251,601
Plan auditUnmodified (clean) audit opinion
AuditorRODL LANGFORD DE KOCK - VL LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 217 accts · $623K emplr
2023$33.9M · 255 accts · $644K emplr
2022$29.6M · 229 accts · $645K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,981
Investment management$69,600
Total administrative$141,581
The Balluff, Inc. 401(k) match · 2024
Employer contribution per active participant$4,101
Median for plans this size$2,416
2024$4,101 per active participant
2023$3,703 per active participant
2022$4,085 per active participant

Balluff, 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 · 20243
MORGAN STANLEY · Investment advisory (plan)$61,211
EMPOWER ADVISORY GROUP, LLC · Investment management$8,389

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$141,581 · 0.42%
2023$118,203 · 0.37%
2022$122,358 · 0.37%
Same employer
Similar plansManufacturing · Kentucky
Premier Packaging, LLC KY$35.3M · 0.02%
Nasco, Inc. KY$34.9M · 0.01%
The C.W. Zumbiel Company KY$34.5M · 0.35%
R.C. Tway Company KY$34.1M · 0.09%
Wirecrafters, LLC KY$33.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222326111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.