Plan Ledger DOL Form 5500 · updated monthly

Beaver Manufacturing Company401(k)

BEAVER MANUFACTURING 401(K) PLAN · MANSFIELD, GA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Beaver Manufacturing Company reported $28,377 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $1,191 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 0.41%. 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 Georgia (1,407th of 2,160), and 9,845th of 13,661 in manufacturing. In 2024, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,620,399
Participants with balances83
Active participants128
Employer contributions$152,451
Employee contributions$275,805
Employer contribution per active participant$1,191
Average account balance$91,812
Benefits paid to participants$170,240
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 83 accts · $152K emplr
2023$6.4M · 83 accts · $144K emplr
2022$5.3M · 102 accts · $145K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,777
Total administrative$28,377
The Beaver Manufacturing Company 401(k) match · 2024
Employer contribution per active participant$1,191
Median for plans this size$1,313
2024$1,191 per active participant
2023$1,017 per active participant
2022$1,133 per active participant

Beaver Manufacturing Company's 2024 employer contribution ran below the $1,313 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
IFG ADVISORYindirect 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$28,377 · 0.41%
2023$22,929 · 0.39%
2022$22,455 · 0.39%
Same employer
Similar plansManufacturing · Georgia
Immec Inc. GA$7.6M · 0.53%
Exhibitus, Inc. GA$7.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581132514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.