Plan Ledger DOL Form 5500 · updated monthly

Battle Motors401(k)

BATTLE MOTORS · NEW PHILADELPHIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Battle Motors reported $38,850 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,311 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 has held roughly steady near 0.359%. 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 (1,766th of 3,295), and 7,841st of 13,661 in manufacturing. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,616,995
Participants with balances655
Active participants566
Employer contributions$741,980
Employee contributions$2,440,426
Employer contribution per active participant$1,311
Average account balance$19,263
Benefits paid to participants$1,576,622
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$12.6M · 655 accts · $742K emplr
2023$9.0M · 453 accts · $523K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,850
Total administrative$38,850
The Battle Motors 401(k) match · 2024
Employer contribution per active participant$1,311
Median for plans this size$2,416
2024$1,311 per active participant
2023$1,146 per active participant

Battle Motors'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,850

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

Administrative cost history2
2024$38,850 · 0.36%
2023$26,566 · 0.36%
Same employer
Similar plansManufacturing · Ohio
Takumi Stamping Inc. OH$12.7M · 1.05%
Iten Industries, Inc. OH$12.7M · 0.06%
Miller Weldmaster OH$12.6M · 0.50%
E.M.I., Corp. OH$12.6M · 0.44%
Elyria Foundry Company, LLC OH$12.5M · 0.64%
Glunt Industries, Inc. OH$12.5M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 861232286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.