Plan Ledger DOL Form 5500 · updated monthly

Bard Manufacturing Company, Inc.401(k)

BARD MANUFACTURING COMPANY, INC. SAVINGS AND PROFIT SHARING PLAN · BRYAN, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Bard Manufacturing Company, Inc. reported $26,215 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,282 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 0.07% to 0.06%. 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 729th-largest of 3,295 plans among Ohio employers on file, and the 3,459th of 13,661 in manufacturing. In 2024, the employer put in $1.41 for every $1.00 employees contributed themselves; active participation has grown from 502 to 763 since 2022.

Plan summary
Net assets, end of year$43,627,650
Participants with balances469
Active participants763
Employer contributions$2,504,437
Employee contributions$1,770,730
Employer contribution per active participant$3,282
Average account balance$93,023
Benefits paid to participants$13,209,332
Plan auditUnmodified (clean) audit opinion
AuditorBADEN, GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$43.6M · 469 accts · $2.5M emplr
2023$41.6M · 410 accts · $2.2M emplr
2022$36.8M · 410 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,625
Investment management$12,109
Total administrative$26,215
The Bard Manufacturing Company, Inc. 401(k) match · 2024
Employer contribution per active participant$3,282
Median for plans this size$2,416
2024$3,282 per active participant
2023$3,036 per active participant
2022$3,067 per active participant

Bard Manufacturing Company, 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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$15,081
OSAIC FA, INC.indirect comp

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$26,215 · 0.06%
2023$30,141 · 0.08%
2022$27,655 · 0.07%
Same employer
Similar plansManufacturing · Ohio
Leadec Corp. OH$45.3M · 0.28%
Nifco America Corporation OH$45.2M · 0.18%
Metalex Manufacturing, Inc. OH$44.7M · 0.25%
Evenflo Company, Inc. OH$44.5M · 0.22%
Race Winning Brands, Inc. OH$42.9M · 0.48%
Jefferson Industries Corp. OH$42.5M · 0.02%
Smithers-Oasis Company OH$42.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760816472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.